FX.co ★ EUR/USD

Hello traders, we had a lively start to trading this week. The price of EUR/USD quickly rose to the resistance at 1.1900, as I mentioned yesterday about this resistance and the possibility of a good correction from there. This correction has already taken place: the price dropped to 1.1837. However, the gap at 1.1827 remains uncovered. Trading is active but within a range, we are waiting for the start of the American session. Trump is scheduled to speak today and tomorrow, and on Wednesday, the FOMC meeting will take place to decide on the future of monetary policy. In general, it's better to stay on the sidelines for now and consider opening short positions only near 1.1920, not before.