EUR/USD - Review from 17.09.2024
Published on 17.09.2024 13:43
The quotes of the pair are approaching the resistance range (1,1150-1,1170) that we wrote about earlier, and at the moment, the growth has slowed down. Among the planned data in the economic calendar capable of affecting volatility, we can note the indicators of retail sales in the US, which will be published later, on Tuesday. However, all attention is already focused on the US Federal Reserve's decision on the base rate, the publication of which is expected tomorrow. In connection with this, significant volatility growth against the background of today's publications, market is unlikely to be seen. Technically, resumption of decrease in EUR/USD pair seems more likely.