The EUR/USD price movement will be heavily impacted by the FOMC news event and the U.S. interest rate decision.
Depending on the news event, the EUR/USD will either correct higher to complete wave C (blue) or move lower and start a new impulsive wave (wave Y is then completed at recent top).
The GBP/USD price movement will be heavily impacted by the FOMC news event and the U.S. interest rate decision.
Depending on the news event, price will move up to continue with wave C (orange) or move down in a new impulse.
The USD/JPY price movement will be heavily impacted by the FOMC news event and the U.S. interest rate decision.
Depending on the news event, price will move up to continue with wave C (blue) or move down in a new impulse.
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Please note that the update is posted with permission from Admiral Markets
read the original article on AdmiralMarkets.com
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