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Thomson Reuters
Jun 12 - 08:36 PM
EUR/USD - Likely To Consolidate Ahead Of FOMC
First appeared on eFXplus on Jun 12 - 06:25 PM
  • EUR/USD eased 0.34%, as USD moved higher across the board ahead of FOMC
  • It is holding above 10-day MA (1.1730 Tues) and it comes in at 1.1738 today
  • More support at 38.2 of 1.1510/1.1840 move at 1.1713
  • Resistance and sellers above 1.1800 after repeated fails ahead of 1.1850
  • Consolidation likely in Asia, as FOMC later today holds two-way risk

eur/usd Click here

Source:
Thomson Reuters IFR Markets

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