#EurUsd can fall hard
EurUsd is trading in a range for 2 months now, as if the pair is waiting for a trigger to make a move, if this will be FED tonight remains to be seen...
One thing is clear though, after such a long consolidation the move will be very strong and considering the fact, eurusd "tried" to the upside and failed, is probable that the move will be to the downside, and let's not forget the trend is in USD's favor and also the fundamentals.
That being said, I expect a fall for EurUsd , 1.1190 can be short term traders target but swing traders can focus on 1.08 support
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Mihai Iacob
Forex, Gold and Crypto trader
