• EUR/USD (https://www.dailyfx.com/eur-usd)will exhibit heightened sensitivity to the FOMC (https://www.dailyfx.com/fomc)monetary policy (https://www.dailyfx.com/topics/monetary-policy)announcement this week. • I hope you are ready, it's going to be a bumpy ride.

CPI comes in negative us dollar drops sharply, EUR/USD breaks above 1.0300, 5 week high

Am still holding on to my sell position on the euro.

Due to the continued dollar dominance I believe the euro will extend it's downward trajectory.