on Monday and reverse strongly and close below 1.1350 support zone on Tuesday to change the overall trend to bearish. The bias remains to the downside in a medium term. we expect to see a pull back above 1.1150 area for the next Sell Entry that will target 1.0975 area, After which the next target at 1.08xx area. On the Fundamental side, we have FOMC event coming up on Wednesday which will create a lot volatility in the market. If you are not use to Event trading, better stay away then because it might sink the single currency or create a reversal PA if all our targets has been achieved then. Trade safe and apply sound risk & money management. Have a pipful week ahead.
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