Euro is still within triangle and would be a short within 1.145 and 1.148 area down towards 1.128 area. It’s going to consolidate for a few days and would be a short after a few days.
Commento:
Let me rephrase, I think we should see the peak of this price at around 6pm eastern time at the end of London, or as New York session opens.
Commento:
6am NY time... sorry. So literally the price should be at its peak supposedly by tomorrow morning as London wraps up and New York opens. After which would consolidate for a day or so but mostly leaning towards the downside. Hope that makes sense. Apologies, I haven’t slept in 24 hours, live in California and I was awake the entire night in anticipation of FOMc. I hope everyone was successful with their trades today.