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EURUSD – Upside potential, but rallies to be limited [Video]

The USD index is at a critical level ahead of the FOMC this evening. Our bias is still for USD strength with dips to be bought

Reflecting this view onto EURUSD, we look to sell into rallies at our bespoke resistance level of 1.2090

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Author

Ian Coleman

Ian Coleman

FXStreet

Ian started his financial career at the age of 18 working as a Junior Swiss Broker at Godsell Astley and Pearce (London). He quickly moved through the ranks and was Desk Manager at RP Martins at the age of 29.

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