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EURUSD Scalps in Play Ahead of FOMC- Interim Bias Bearish Sub 1.3030

EURUSD Scalps in Play Ahead of FOMC- Interim Bias Bearish Sub 1.3030

Michael Boutros, Strategist

EURUSD- Currently holding a short off 1.3015 against the 1.3030 threshold (61.8% Retrace from the December highs & the November high) with initial targets eyed at 1.2985. All targets have been updated ahead of tomorrow's FOMC rate decision in today's scalp report with setups also highlighted in the NZDUSD, USDCAD, USDJPY and the USDOLLAR.

For updates on this setup and more follow me on Twitter @MBForex

---Written by Michael Boutros, Currency Strategist with DailyFX

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