EUR/USD coiling for a potential big move heading into the Fed meeting

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The world’s most widely-traded currency pair has garnered its fair share of headlines over the last week, but heading into this afternoon’s monetary policy announcement from the Federal Reserve, EUR/USD could be poised for another big move. As we noted in yesterday’s FOMC preview report, the US central bank will almost certainly leave monetary policy unchanged, but the tone of the accompanying statement, summary of economic projections, and press conference could still influence the market’s

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