EURUSD before FED
The sideways moves on EURUSD are still there.
That's something usual before such an important events.
Today we will see if this downtrend will continue or there will be a reversal.
That's why a big portion of the players are stepping aside and not getting involved in any positions.
We do not recommend to enter any long term trade ideas before the events today.
Once we see what happens after the news, that's when we want to look for entries.
Any entries before that are based on expectations and carry more risk.
There is a higher probability for a downside continuation, but also a big chance for spikes during the news.
That's something usual before such an important events.
Today we will see if this downtrend will continue or there will be a reversal.
That's why a big portion of the players are stepping aside and not getting involved in any positions.
We do not recommend to enter any long term trade ideas before the events today.
Once we see what happens after the news, that's when we want to look for entries.
Any entries before that are based on expectations and carry more risk.
There is a higher probability for a downside continuation, but also a big chance for spikes during the news.
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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