EURO STILL BEARISH BELOW 1.1750 LEVEL

The euro currency has fallen towards the weekly price-low against the US dollar, as the greenback strengthens ahead of the FOMC rate decision later today. The EURUSD pair currently trades around the 1.1745 level, as dip-buyers push price back towards the 1.1750 level. Euro traders now await key monetary policy decisions from the FED and the ECB over the coming trading session.

• The EURUSD pair remains intraday bearish while trading below the 1.1750 level. Key support is located at the 1.1700 and 1.1675 levels.

• If the EURUSD pair moves above the 1.1750 level, buyers are likely to test towards the 1.1800 and 1.1839 resistance levels.