EURUSD – Hawkish FOMC would be no surprise…

1.1730 was reaction level as expected. I wait for further decline down to 1.16s till Wednesday. Below 1.1850 is bearish in my opinion.

It will be a “super Wednesday, as we have US_CPI data release coupled with FOMC statement in the evening.
I think the outcome of Wednesday will roughly tell us the end-of-year scenario.

It shall be a week of remarkable volatility, and I remain short on Euro_.
EURUSDTrend Analysis

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