I bought EUD/USD at 1.480 because I thought I would go up to 1.5 someday. But it looks like it is reversing. It is -200 pips now. Did I miss the chance or is it going to go up to 1.5 somehow? There is a possibility that FOMC would lower their interest rate again and USD would go down more. Do I need to sell it or do I have to keep it until the next FOMC?
When I buy it, it moves down. When I sell it, it moves up.