Beskrivning
⋅ Fundamentals
EUR: Hawkish rhetoric from the ECB and rates pricing in a 95% chance of raising rates is an appropriate sentiment environment for the short-term long.
USD: Lower than expected inflation release yesterday can be a trigger for the euro surge in the short-term.
Technical & other
Setup: S(B)
Setup timeframe: 4h
Trigger: 1h
Medium-term: Down
Long-term: Range
Min. Target: MA(50)
*Get out if the position isn't in profit before the Fed rate decision. If it is, tighten the stops and consider holding through the decision.