The EUR/USD pair is always between 1.1825 and 1.1860 following the FOMC Minutes.
In effect, the minutes of the monetary policy meeting of the Fed in September has not provided any new information on expectations of the FOMC.
Find our analysis here.
EUR/USD continues its evolution above the old resistance of 1.1825, marking a potentially bullish reversal of the short-term.
The next targets upside are at 1.1860, 1.1900 and 1.1920 in a first time.
Above 1.1920, we will then 1.1950 and the resistance zone of 1.1980/1.2000.
Has the decline, 1.1825 become the first medium to take in the event of a downturn. A break below would lessen the upward pressure, with a risk of falling towards the 1.1800 and 1.1775 in a first time.
Below, we will then the 1.1750, before the support zone of the 1.1720/1.1680, which will be held the last tests.
The pair EUR/USD is currently trading at 1.1851 on the Forex.
Chart EUR/USD H1
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This chart has been realized with the trading platform TradingStation 2 provided by FXCM France.