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.