I am entering a long EURUSD at this level. Although there is high risk with the fed coming on Wednesday and market starting to price in 75bps, i still believe the Fed will keep the 50bps hike and probably will be watching data going forward. I will cut the trade if it does not work out as it should. The risk i took for this specific trade is 0.25% out of my portfolio so thats okay. The fed might be hiking into a recession so that's the risk for the dollar right now. Time will tell how this one will work. Normally i would wait for a confirmation above 1.04700 area but i believe in the trade. Wrong no problem, we wait for the next opportunity,