The recent narrative about the upcoming interest rate decision is considered as a "hawkish decilne", meaning that the interest rate would be declined with cautious comments, as inflation doesn't show any signs of weakness yet: morever, it had displayed a moderate uptick during the last CPI publication.
There are two possibilities to construct a short position: the one is an intraday trade (potential short after the upside breakout through the recent chart formation), another would be a swing trade after 2-3 days of correction.
Beware of possible volatility spike during the FOMC publication and press conference on Wednesday.
Always do your own research and never forget to manage your risk!
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.