FXStreet (Edinburgh) - The selling interest keeps weighing on the single currency today, now pushing EUR/USD to trade closer to the 1.0900 handle. EUR/USD weaker, FOMC on sight The pair remains on track to test weekly lows around the critical support at 1.0900 the figure today, while markets are warming up for the FOMC meeting later in the session and the potential scenario of a rate hike. On the European data front, mixed results from flash manufacturing and services PMIs and higher-than-expected EMU’s CPI for the current month have passed largely unnoticed, as events across the pond take centre stage. EUR/USD levels to consider At the moment the pair is losing 0.03% at 1.0917 and a breakdown of 1.0895 (38.2% Fibo of 1.1496-1.0524) would aim for 1.0808 (low Jul.20) and finally 1.0753 (23.6% Fibo of 1.1496-1.0524). On the other hand, the initial hurdle aligns at 1.1060 (100-day sma) followed by 1.1124 (61.8% Fibo of 1.1496-1.0524) and then 1.1245 (downtrend from 1.1713). ------- What will 2016 bring to the Forex traders? Attend our Forex Forecast 2016 - The Panel with Ashraf Laidi, Valeria Bednarik, Boris Schlossberg, Adam Button, Ivan Delgado and Dale Pinkert. Register for the live event on Dec. 18th and get the recording too. ------- For more information, read our latest forex news.