Relative quite in the market today, before the FOMC statement and the FED funds rate announcements scheduled for later today. The EUR/USD is in need of a correction, but technicals are mixed with an almost incomprehensible--based on sustained high levels--LONG bias.
Nevertheless, it is not clear whether the market awaits the FED news to move clearly in a direction or the final result of the French elections at the end of the week. As far as trading goes it might be tempting to enter a trade tomo…
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