Still short from 1.33 - but not for long. I'd expect a rather swift recovery when FOMC's statement tomorrow still has the word "measured" in it.
The trend VST has changed to me.... 1.312/1.304 next steps MT: Notice the MACD is near to turn bearish...the Slow Stoch too My expectations are for a double bottom near 1.272/1.274 Q.
Very true. But unless some major announcement/news event happens, it's unlikely people will be taking new positions until tomorrow's FOMC meeting.