capitalpropertiesfx

EURUSD ahead of the FOMC

FX:EURUSD   Euro Fx/U.S. Dollar
317 0 0
Another triangle is forming in EURUSD             and it is unlikely that we will break out of it ahead of the FOMC. Hence, I suspect that the pattern is not completed.
Neverthelss - a triangle creates a very difficult situatsion as from these levels, it can break in either direction.

Time will tell. Perhaps we will get more clues as we get closer to the FOMC press conference.
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