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Euro Price Outlook: EUR/USD Bears to Face FOMC – Trade Levels
Euro has plummeted more than 2% against the US Dollar since the start of the year with EUR/USD now trading just above a technical support barrier ahead of today’s FOMC interest rate decision. These are the updated targets and invalidation levels that matter on the EUR/USD price charts heading into the release. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this Loonie trade setup and more. image Technical Outlook: In my last Euro Price Outlook we noted that the EUR/USD recovery was approaching, “Initial resistance objectives at 1.1166 and 1.1180/86 – look for a more significant reaction ... (full story)