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EUR/USD Price Accumulating Buying Above 1.06 Ahead of FOMC

Started by forex4you, Dec 15, 2022, 04:13 pm

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EUR/USD Price Accumulating Buying Above 1.06 Ahead of FOMC

The bias is bullish after taking out the immediate resistance levels. The FOMC could bring sharp movements today. The R2 is seen as the first upside obstacle. The EUR/USD price rallied after the US inflation data was released. The pair climbed as high as 1.0673, registering a new high yesterday. Now, it has retreated a … Continued


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