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EUR/USD Likely on Ice Until FOMC on Wednesday

EUR/USD Likely on Ice Until FOMC on Wednesday

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

eliottWaves_eur-usd_1_body_Picture_10.png, EUR/USD Likely on Ice Until FOMC on Wednesday

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-Since ripping off of trendline support last week, EURUSD has traded in a tight range. 1.3745 and 1.3800 remain potential resistance. 1.3620 is possible support.

-As long as price is above trendline support, shorts are probably going against the tide.

LEVELS: 1.3552 1.35831.3622 | 1.3719 1.3805 1.3859

--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.

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