EURUSD was tracked corrective bullish around 1.0988 and expected to reverse as bearish signal to support level at 1.0951 as emulated by wave iii (chart can be viewed inside)

Dear Traders,

EUR/USD was tracked corrective bullish around 1.0988 and expected to reverse as bearish signal to support level at 1.0951 as emulated by wave iii (chart can be viewed below)

Meanwhile, traders and investors were fixing their focus toward FOMC meeting this week, and trading signals following the result of that crucial moment. Economic growth would be a central theme for every data release amid rising pressures on monetary stability.

 

Technical Analysis

Consider looking at this graphic to aid your trading decision this day, this graphic is in h4 resolution with Elliot Wave theory to read the upcoming pattern.

EUR/USD