EURUSD and bearish pressure
Updated
EURUSD remains under pressure below the 1.06000 level and below the 38.2% Fibonacci. This could influence us to continue the decline first to 1.02000 and then a possible test of the 1.0000 level. This Wednesday, the Fed will announce the decision on the future interest rate, and the expectation is that the interest rate will remain as before. This could cause the dollar to weaken temporarily and the EURUSD to rise to the 1.08000-1.10000 zone around 50,0% Fibonacci.
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