Hello guys,
A quick look at EURUSD 1 hour FOMC chart:
We like this channel from intraday perspective:
Above 1.1330 possible 1.1450 then watch for weekly close
Below 1.1070/50 means Yellen did well, watch for weekly close.
All of these levels are intraday and close above/below extremes may push prices further and that could be something bigger but weekly close is important at this point.
Please let us know should you have any additional questions or you would like to discuss other crosses as well. We are here to help you, just contact us at: landoftradingATgmailDOTcom.
Happy Trading
Mr Price Action
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