Wait until it's goes up, there is quite few buyers here to get rid off before we can sell.
Scenario 1 ) Sell if there selling sign around 1.17900 (If it cannot pass this point + FOMC OK) Scenario 2 ) Sell if there selling sign around 1.17500 (If it cannot pass this point + FOMC OK)
Remember this is my best scenario in case FOMC is positive about interest rate. Otherwise the contrary will happens :)
This scenario is based on all the information i know at a moment "T", please follow carefully what im writing on the comments update.
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BE VERY Careful this is FOMC WEEK 21 -22 September. The movement can be huge. Prepare your stop loss if we are in the wrong direction.
Not
Hello Traders
There is a mistake about the bank. its the Danske Bank and not the Deutsche Bank Please Apologize
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