EUR/USD Trading Down to September’s Rising Trendline

Consolidation after FOMC pop: The EUR/USD rallied sharply last week after the FOMC announcement, to 1.3567 before consolidating. While other USD-pairs like GBP/USD and AUD/USD had more pronounced retracements, EUR/USD took a few sessions and fell choppily. As we get into the 9/24 US session, it is…

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EUR/USD Trading Down to September’s Rising Trendline