Here are some areas to lean against for today’s trading. It could well be quite active in the wake of the FOMC and new levels could establish throughout the session as players adjust & recalibrate to the announcements and comments. Keep in mind that the cliff negotiations seem to have taken a turn for the worse so there is potential for further comment bombs – you’ll get them right here on ForexLive. Stay nimble & adaptable to new info as it presents itself.
Some relatively close areas of interest:
- 1.3115/25 – recent highs
- 1.3097 NY high post-FOMC
- 1.3050/55 (yep, very close) has trading-bids
- 1.3025/30, but down through 1.3010 also has bids