EUR/USD, bearish before the FOMC minutes!

mario urlic forex eur-usd 06.04.

And it looks like the sellers would like to take this support at 1.1300/20!? The pair is bearish for days after has reached 1.1437 high on April 01. In the last three days, the buyers are defending this support level returning the pair up each time, but the sellers looks persitent to broke this support. It’s a strong one and it would not be easy for the sellers, but closing the day bellow could lead to more loss toward 1.1130 again. What could we expect from FOMC today? Hawkish or dovish talk? For the last couple of times, the US dollar lost the ground and get hit hard everywere in the market. It will be obvious to expect the same today, or!?

One comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s