EUR/USD Price Remains with Shallow Upside Ahead of FOMC

<div><img width="638" height="390" src="https://www.forexcrunch.com/wp-content/uploads/2022/01/Screenshot_2-14.png" class="type:primaryImage wp-post-image" alt="my EUR/USD price analysis forecast outlook" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.forexcrunch.com/wp-content/uploads/2022/01/Screenshot_2-14.png 638w, https://www.forexcrunch.com/wp-content/uploads/2022/01/Screenshot_2-14-300×183.png 300w, https://www.forexcrunch.com/wp-content/uploads/2022/01/Screenshot_2-14-150×92.png 150w" sizes="(max-width: 638px) 100vw, 638px" /></div>
<p>Escaping from the Falling Wedge pattern signaled a EUR/USD price reversal. The FOMC and the US economic figures should bring high volatility. Only a new higher high activates a larger rebound. The EUR/USD price dropped as low as 1.0795 on Monday, where it found strong demand again. Its failure to stay below the 1.0800 psychological…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/31/eur-usd-price-remains-with-shallow-upside-ahead-of-fomc/">EUR/USD Price Remains with Shallow Upside Ahead of FOMC</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>