EUR/USD Caught Between a Rock and a Trend-line; FOMC Looms

In last week’s forecast, we were looking at the possibility of EURUSD putting in a rising wedge on further deterioration in upward momentum at key long-term levels. However, that would have required another attempt this past week to etch out higher prices after a modest pullback. While the pullback...

EUR/USD Caught Between a Rock and a Trend-line; FOMC Looms