Replies to post #138291 on Simple's Green Room

[pennies2007]

Here's my prediction for the FOMC news release...

It'll be bad news for the US dollar initially, so pairs like UJ, UCAD, and USD/DKK will react negatively and drop. That will allow the pairs like AU and EU and GU to move back up a bit.

Sometime after that is when we start looking for shorts again on pairs like AU and EU.

There it is in a nutshell...LOL!