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Jun 16, 2021 11:36 AM

$EURUSD in a tight wedge ahead of FOMC 

EURO / U.S. DOLLARICE

Description

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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