Hey traders!

Today is FOMC day so if you wonder why it is so quiet, then you have a reason now. The Federal Funds Rate will be released in 1 hour from now so make sure that you stay out of any trades before and at least 30-45 minutes after. You can expect some huge volatility.

Prices trended lower during the overnight and stayed pretty much within the yellow range. Now prices are breaking out the range to the low side, it looks like that we might see a second leg down following the pre-market move.

After all not too much price action and trade possibilities.

Hope you had a good trading day.