Open trading account 
At the beginning of the week, I had given an outlook on the EURUSD.
For the most part, I expected that we would trade within a range, with the downside support by 4H resistance turned support as seen in the highlighted section on the chart. And the upside protected by last week's highs.
Ahead of today's FOMC Minutes, we are starting to see USD selling and the pair threatening to break the range.
There still remains a weekly level at 1.1440 - a level that we missed by a few pips last week. With the hourly and 4H bullish trend it does not make sense to try the short side here.
As well, tomorrow can be a high volatility day with both Yellen and Draghi speaking.
Will continue to remain on the sidelines until better setups present themselves.
For the most part, I expected that we would trade within a range, with the downside support by 4H resistance turned support as seen in the highlighted section on the chart. And the upside protected by last week's highs.
Ahead of today's FOMC Minutes, we are starting to see USD selling and the pair threatening to break the range.
There still remains a weekly level at 1.1440 - a level that we missed by a few pips last week. With the hourly and 4H bullish trend it does not make sense to try the short side here.
As well, tomorrow can be a high volatility day with both Yellen and Draghi speaking.
Will continue to remain on the sidelines until better setups present themselves.
