the pressure is ridiculous on this pair.. no real explanation besides the same BS stories analysts keep on giving, oil drop, risk off, etc etc..
imo it all boils down to holding price down till fomc makes noise on wed... given data since last meeting, this will give us new highs
watch CPI on wed morning also.. that is big right before statement
been stuck in longs since the drop last week..
japan could drop a bomb right now and price wont move haha, it would probably test 117
imo it all boils down to holding price down till fomc makes noise on wed... given data since last meeting, this will give us new highs
watch CPI on wed morning also.. that is big right before statement
been stuck in longs since the drop last week..
japan could drop a bomb right now and price wont move haha, it would probably test 117