A Temporary Short on the EUR/USD
The EUR/USD is poised to go higher but this maybe cut short by the interest rate decision on Wednesday. Technical Analysis and Seasonal Tendencies have shown that the Euro is showing signs of being bullish. If price trades back to the bullish OB on the 1 Hour chart, we will look to go bullish until Wednesday, If interest rates are cut, it may trade even higher.
Note
Sorry, I meant a Long on the pair
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.