BE CAREFUL! BIG NEWS INCOMING! 🚨
The Federal Funds Rate will come in the next few hours, also FOMC meetings. This is a high impact news, it will create volatility in the market, before the news and after. USD may go stronger or weaker which affects it's trading pairs.
The forecasted is 5.50% and the previous is 5.50% also. If the actual is higher or lower then the expected, expect volatility.
The best thing to do is not to trade on this time. What for the news and watch how will the price react. It will create manipulation in the market as always when there's a fundamentals. After the manipulation the real move will happen which is distribution.
If you want to risk; always practice risk management, don't forget stoploss!
