After FOMC meeting yesterday, EURUSD pair fell down bellow 1.1000.

eurusd-d

It looks like it found some support at marked red horizontal level. I only looking to short that pair in future 24 hours, if enough evidence could be gathered. First spot, which I will be interested to short it is at round psychological number 1.10. If we will break this to the north, then next spot to short will be at 1.1100 round number, 38% Fibonacci retrace on last weeks down move and also trend line intersection.
Regarding news, we have Advance GDP q/q and Unemployment Claims in USA ahead of us.

One thought on “EURUSD trade plan for 30. of October”

Leave a Reply