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$EURUSD in a tight wedge ahead of FOMC

FX_IDC:EURUSD   Euro / U.S. Dollar
$EURUSD although below the 1.2200 is still firmly supported for the upside extension. Support zone spans from 1.2050-1.2100 and it is questionable whether the FOMC meeting will spark any volatility and direction or we will see further ongoing consolidation the whole week.

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