I’m not playing the release BUT rather the psychology that could be seen with this hot zone at 8:30pm EST.
The rising wedge pattern has already broken out and prices are not trading inside the Forecast area resistance. It’s this resistance that I’m counting on to push prices lower to uptrend line support and/or the 34ema high for a swing buy trigger at 0.9260. The stop loss/point of validity is five pips below the 34ema low which is currently 0.9241 so that means a 0.9236 stop loss. It’s the economic event itself that I am counting on for the correction.
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