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EUR/USD Price Analysis: Bulls eye a move to test 1.0900/20
EUR/USD is at an important juncture on the charts ahead of the Federal Reserve event whereby there are prospects of a significant correction if the market finds itself wrong on the Fed. However, in the meanwhile, a move to test 1.0920 could be on the cards. charts A break of the bull cycle's trendline support and a hawkish outcome at the Fed would see the price plummet over time for a test all the way down to 1.0650/00. chart The price has broken the structure and this leaves the bias to the upside for the sessions ahead of the Federal Reserve. The support comes in near a 38.2% Fibonacci retracement of the prior ... (full story)
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