ForexTechTalk

Biggest FED meeting in a while!

FX:EURUSD   Euro / USA-dollar
We expect the FX market to be 'quiet' till Wednesday in anticipation of the FED interest rate decision and Powell communique. The EURUSD is still being held back by its downtrending T-Line from the start of the year and has returned back inside its range after last weeks enduring economic data. The FED meeting this week is one of the most important meetings and will likely decide the directional bias for the USD for the foreseeable future.

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