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When 70% of the traders and analyzers are selling the pair eur/usd with the idea that it will go back to parity then it’s the right time for me to buy it. Especially at 1.1100 - 1.1080 that's the turn point for the next leg up to 1.1700 before the end of the year
If you are thinking that FED will increase interest rate by 0.50 -1% you are dreaming. the most probable scenario is the 0.25% and that is already priced in that is the drop from 1.16 to 1.11
we might see a deja vu on the next FOMC. An increase of 0.25 will be negative for the USD and the pair will fly again back to 1,14 intraday or no increase at all till A
ugust which will result to a same rally up to 1.14
If you are thinking that FED will increase interest rate by 0.50 -1% you are dreaming. the most probable scenario is the 0.25% and that is already priced in that is the drop from 1.16 to 1.11
we might see a deja vu on the next FOMC. An increase of 0.25 will be negative for the USD and the pair will fly again back to 1,14 intraday or no increase at all till A
ugust which will result to a same rally up to 1.14