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EUR/USD trading signal - Fed Interest Rate Decision - 26 Sep 2018

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Signal details
Entry Price: 
1.1730
Close Price: 
1.1736
Direction: 
High
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 4 ratings

EURUSD is trading near 1.7030 ahed of the Fed's rate decision that is scheduled for 18:00 GMT today, the central bank is set to raise rates by 25 basis points. The current path of rate hikes are already fairly priced and we would expect the pair to continue on the upside and eventually to close higher on the day.

eurusd trading signal 26 sep 2018

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. He has no business nor personal relationships with any mentioned government entities or stocks. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion.