EUR/USD Aiming For 1.120 Into FOMC Meeting Tomorrow
July 26, 2016 at 04:27 AM EDT
Following the strong consolidation above 1.105, EURUSD finally gave way as price broke down to test the lows below 1.10. However, the declines look to be limited in nature with the Stochastics on the daily chart pointing to a bullish divergence.