Short #EURJPY after #FOMC Meeting $EUR $JPY #forex

After this week’s FOMC Meeting the EURUSD drops hard. The Fed drops the word “patience” from the policy statement and there is no rate hike in the next foreseeable future. We may be looking at a futher race to the bottom in Europe and the next leg down in EURUSD. So it provide us with more possibilities to open short positions.
See Chart for more Details.