Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Risk Rallies Post Fed Decision; Euro Short Covered

Covered EUR/USD short last night at 1.4168 for a marginal 28 pip loss. EUR/USD trades as high as 1.4283 before giving up back 100 pips here. Risk rallies as Dow breaks critical 11,300 yearly resistance mark. I will look to possibly long Euro on any further pullback into the European Trading session tonight.

By Sam Khorsand, Technical Strategist/Trader