Is EUR/USD ready for the Fed?

18 Sep 2023

On the EUR/USD pair, we have a bullish setup in anticipation of this Wednesday's Fed meeting. The H4 bias is long after a breakout in the afternoon at the level of 1.0690. My objective will be to look for a short opportunity with a slight bounce in the 1.067 area where we have a buying zone, and subsequently seek a long opportunity with a target of 1.0750 where we have a supply zone. Let me know what you think. Happy trading to everyone.