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EUR/USD Price in the Sellers’ Territory Ahead of FOMC Meeting

Started by forex4you, Nov 02, 2022, 11:16 am

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EUR/USD Price in the Sellers' Territory Ahead of FOMC Meeting

The bias remains bearish as long as it stays under the downtrend line. The FOMC and ADP Non-Farm Employment Change are seen as high-impact events. A larger drop could be activated below the S1. The EUR/USD price dropped as the US dollar recovered some ground. The pair has been dropping after the ECB meeting last … Continued


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