DAILY FORECAST Today, investors' focus is directed to the FOMC meeting
The EUR/USD currency pair's hourly trend is bullish. The price declined to the demand zone below 1.0436 and formed a flat. Most likely the price will remain in a narrow range until the FOMC meeting.
Under such market conditions, it is necessary to wait for the price to consolidate above 1.0456 to buy. This level may trigger a sharp sell-off, so it is important to evaluate the price reaction.
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