Just wanna share my view on recent movement on EUR/USD. If u look at the hourly chart, market seems to be trading sideways in the beginning of the week ranging from 1.3278 to 1.3323 Then came the announcement of FOMC meeting about interest rate on 21 Mar (midnight)SG time. And the market chiong like crazy, but it retrace back to its previous trading range the next two day.
Lets look at the daily chart and the trend line I've drawn. Although some news said that USD is gaining strength, but I think its a short term movement. I go for a sell, until price reach 1.3200 and see what will happen next. As long as it does not break bellow my trend line, outlook is still uptrend.
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