EUR USD improves higher
9/22/2016 9:50:57 AM
The selling interest around the dollar is now take step, sending EUR/USD to the upper end of the range near 1.1230. The pair is proceeding for the second straight session today, regaining the 1.1200 handle and above against the backdrop of a comprehended offered bias surrounding the USD.
USD stays weak following yesterday’s FOMC meeting, where the Committee stressed that the case for a rate hike has reinforced though more evidence is needed before incur in additional narrowing.
The pair is now gaining 0.32% at 1.1225 facing the next persistence at 1.1260 followed by 1.1285 and ultimately 1.1330. On the downside, a break below 1.1120 would aim 1.1045 en route to 1.0950.