EUR/USD into Federal Funds Rate [Red Folder]
![EUR/USD into Federal Funds Rate [Red Folder]](https://socialstatic.fm-cdn.com/oa/202307/f0ee9b45-c3f8-4f2f-85d5-09b5777c9785.png?x-oss-process=image/quality,q_70/format,jpeg)
Todays red folder news are forecasted to higher the interests rate to 5.50%, an essential raise by 25 points.
This means strength for the Euro.
I will be looking for longs within the blue box.
If you take a similar trade make sure that you keep an eye out for a couple more attempts to sweep Sellside Liquidity. We might see lower prices than my blue box prior to the news release.
Orange box is my profit target. We'll retake a wide range of highs later today. #OPINIONLEADER#
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