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Forex Market Holding Its Breath For FOMC Statement

Discussion in 'Technical Analysis' started by Kaitlin, Oct 28, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The EUR/USD will be heavily impacted by the FOMC rate decision and statement later today. A EUR/USD break above resistance (red) invalidates the current wave structure, whereas a break below support (green) could see price continue with its downtrend.[​IMG]

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