Price stabilized above 1.1070 level after huge volatility on the last Thursday. It was caused by EBC meeting. It’s not the end of market’s attractions because tomorrow there will be the FOMC meeting and decision about interest rates. Till tomorrow price should stay between 1.1070 – 1.1200. However after FOMC decision it will be important which pointed level will be broken. Break below 1.1070 will lead price to 1.0810, but break above 1.1200 allows to test even 1.1380 level.

Try FX GROW. Spread from 0.00001 also STP/ECN execution, full transparency. FxGrow launches new feature packed Website with technical analysis and economic calendar.

EURUSD_H4

Leave us a comment!

Ransquawk