Get Ready for the Fed with EURUSD
The Federal Reserve (Fed) meeting could provide a nice opportunity to open a trade on EURUSD. Here is the idea. The fears surrounding this meeting almost certainly will push the pair toward last week’s highs at 1.12500 by the next Wednesday. So, it would be worth considering to open and close a long trade before the results of the meeting will be announced on July 26.
The entry points is between 1.10900 and 1.11200 with a first target at 1.12400-1.12600, and the second target to close the trade just before the results of the meeting will be announced.
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