EUR/USD tracked bearish to 1.1236 and predicted yet to slope downward before a bullish rebound to nearest key-resistance level.

Dear Traders,

EUR/USD tracked bearish to 1.1236 and predicted yet to slope downward before a bullish rebound to nearest key-resistance level.

EUR/USD once again pressured by Greenback prior to FOMC meeting. US Dollar made a noticable rebound against Euro and stopped further 'bleeding' against Yen.

On side note, Germany Finmin, Wolfgang Schaeuble said EU's officials had already prepared all possible scenarios to act against odds should UK leave Europeon Union.


Technical Analysis

Consider looking at this graphic to aid your trading decision this day, this graphic is in h4 resolution with Elliot Wave theory to read the upcoming pattern.

EUR/USD