The euro is testing towards the 1.1500 level against the US dollar after the FOMC kept interest rates on hold and struck a more dovish tone than market participants had been expecting. The EURUSD pair is strongly bullish while trading above the 1.1460 level, a further move above the 1.1500 level should provoke technical buying. Traders now await the release of key GDP and Unemployment data from the eurozone economy this morning.
The EURUSD pair is bullish while trading above the 1.1410 level, key technical resistance remains at the 1.1460 and 1.1500 levels.
If the EURUSD pair trades below the 1.1410 level, sellers may test towards the 1.1360 and 1.1330 support levels.
The EURUSD pair is bullish while trading above the 1.1410 level, key technical resistance remains at the 1.1460 and 1.1500 levels.
If the EURUSD pair trades below the 1.1410 level, sellers may test towards the 1.1360 and 1.1330 support levels.
