EUR/USD Likely on Ice Until FOMC on Wednesday
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-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.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.