The analysis focuses on EURUSD, currently range-bound, with key levels to watch. The EURUSD pair found resistance around 1.1720 and support around 1.1580. A failed breakout above a trendline from the July high suggests potential downward pressure. The single print at 1.1685 acts as resistance. The market found support around 1.1630, but the presenter suggests a potential short position if the price moves up to sweep recent highs around 1.1685. A break below the ascending trendline could lead to a move towards 1.1520. The analysis considers the DXY and choppy price action in the market, the EURUSD might remain within its range until the upcoming FOMC meeting. It is especulative to look for shorts below current level, according to the analyst due to lack of real estate to play with.