Euro rallied more than 1.9% against the US Dollar since the start of the week with EUR/USD surging on the heels of yesterdays FOMC interest rate decision. The bulls haven’t grasped control just yet as the rally keeps price within the broader yearly downtrend- we’re looking for a reaction in price just higher in the days ahead for guidance. These are the updated targets and invalidation levels that matter on the EUR/USD technical price charts heading into the close of the week. Review my latest Strategy Webinar for an in-depth breakdown of this Euro technical setup and more.
