If we don't drop below .9940 today into tomorrow's Euro session then the FED's rate hike is priced in unless it's a complete surprise.
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Disliked{quote} Not too big ones in this range for today0.9920 402m - posible low of todays range. 0.9975-80 265m - resistance 1.0000 823m - resistance / probably price will visit again 1.0040-50 965m - biggest - probably price will not reach here. If, it reach 1.0040/50 this should be a bonus for intraday traders.
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Disliked{quote} All buy target edited to 1.02323. valid for today and tomorrowIgnored
Disliked{quote} Not too big ones in this range for today0.9920 402m - posible low of todays range. 0.9975-80 265m - resistance 1.0000 823m - resistance / probably price will visit again 1.0040-50 965m - biggest - probably price will not reach here. If, it reach 1.0040/50 this should be a bonus for intraday traders.
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Disliked{quote} Austyno what are you smoking? You think that there will be a positive catalyst that will move the price upward by 250 pips, blowing through the current five trading day upper bound of .005, blowing through the upper range of a seven month downward trend (.015), and then ignoring the resistance high that rejected price four times in the last month (.02)? In the next two days? Of which today doesn't count because there's slim to zero chance of major movement prior to a Fed rate announcement. Are you expecting the Fed to lower rates? Please...Ignored
Disliked{quote} Austyno what are you smoking? You think that there will be a positive catalyst that will move the price upward by 250 pips, blowing through the current five trading day upper bound of .005, blowing through the upper range of a seven month downward trend (.015), and then ignoring the resistance high that rejected price four times in the last month (.02)? In the next two days? Of which today doesn't count because there's slim to zero chance of major movement prior to a Fed rate announcement. Are you expecting the Fed to lower rates? Please...Ignored
Disliked{quote} 1.0000, almost! 1.0014/19 could resist, or we'll see the bonus prize!!Ignored
Disliked{quote} Thanks for your reply. Anything certainly is possible. The major movement on 9/13 was because CPI blind sighted expectations to the negative. The only comparable catalyst in the next two days would be a Fed rate increase of .25 or maybe .5. Nothing else, short of an absolute black swan, will provide the kind of explosion you're targeting by the end of trading tomorrow. You can say you don't care about fundamental analysis, but those news events kinda matter, especially in the immediate term. Now if you said you were targeting 1.02323 or...Ignored