The loonie is stuck on a losing track. SEK tries to break resistance.

EUR/USD: Another lower daily high and lower low was addedyesterday, but buyers responded near the 8day “Tenkan-Sen” & Jab23 bullish benchmark candle mid-body point at1.3622. To show buyers’ initiative, a move back over 1.3690is needed. Below 1.3595/85 would heat up the downsideagain – until then it’s just to wait for the FOMC verdict thisevening.

Read the full report: Technical Alert

 

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