U.S. Markets closed

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

Michael Boutros

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

To contact Michael email mboutros@dailyfx.com or Click Here to be added to his email distribution list

Review today’s Scalp Webinar for further insights and current trade setups

Join Michael on Wednesday morning for a Live Scalping Webinar on DailyFX Plus at 1330GMT (8:30ET)

Introduction to Scalping Strategies Webinar

Beginner Fibonacci Expo Presentation

New to FX Trading? Watch this Video

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.