Some people thought that the trade talks between the EU and the U.S. might reach an agreement soon.
However, there is still a lot of uncertainty, and because of that, the euro is slowly going down.
Yesterday, before the FOMC meeting minutes were released, U.S. long-term interest rates went down.
This helped stop the euro from falling more.
But if future trade talks don’t go well, people may lose hope and start selling the euro again.
Expected EUR/USD Price Range: 1.1650 – 1.1750
Note: This information does not guarantee profits. Please make your own decisions when trading.