- Fed rate to hold for 2019?
- EUR/USD moving towards key level
Price Movement
Since yesterday, EUR/USD had moved up by around 25pips.
Trend
Recently, EUR/USD is trending upwards.
Important Issue
This morning, the Fed released the FOMC Meeting Minutes for the March 19th-20th meeting. A majority of policymakers “expected that the evolution of the economic outlook and risks to the outlook would likely warrant leaving the target range unchanged for the remainder of the year”.
Technical
EUR/USD is moving towards the 1.13 key level.
Price Levels
Current Price: 1.12827
Next Resistance: 1.14200
Next Support: 1.12000