EURUSD Confirms New Range Ahead of FOMC

Over the weekend we discussed how EURUSD bulls took out the 1.1610 handle last week. This level is the May 2016 high and was expected to attract a bid if tested this week. Sure enough, today’s low so far is 1.1612. Another level I mentioned on Sunday was 1.1710. It’s the August 2015 high as well as...

EURUSD Confirms New Range Ahead of FOMC