EURUSD Forecast Week of 18-22 September
EURUSD parity stuck between solid points of support and resistance. On the top-side, we have strong long-term resistance by way of the 2012 low (two reversal days – 8/29 & 9/8 – as evidence of sellers), while on the bottom-side lies the trend-line rising up from April in confluence with support around 1.08200.
It seems that the direction of the EURUSD movement will become clear after this week’s FOMC meeting.
Technically EURUSD Forecast