Impact prior / during FOMC news
Price may bounce in between 100.75 and 99.25 with a possible retest at 100.00 before a possible further downtrend.
However, if a rejection were to fail, then a possible further downtrend downwards below the 98.00 price zone level.
As of 30/4 is the last day before the closing month, a clear bearish closure below 100 key level may push down-ward to 95 and below.
Price may bounce in between 100.75 and 99.25 with a possible retest at 100.00 before a possible further downtrend.
However, if a rejection were to fail, then a possible further downtrend downwards below the 98.00 price zone level.
As of 30/4 is the last day before the closing month, a clear bearish closure below 100 key level may push down-ward to 95 and below.
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