FOMC meeting and interest rate decision

Signals for the EUR/USD pair:

If the price breaks through the level of 1.0855, the euro can rise to 1.0886 and 1.0913.

A breakthrough at 1.0819 is likely to lead to a sell-off of the euro to 1.0787 and 1.0755.

Signals for the GBP/USD pair:

The British pound is expected to grow to 1.2512 and 1.2573, if the price breaks through the level of 1.2480.

A breakthrough at 1.2454 is likely to lead to a sell-off of the British pound to 1.2348 and 1.2300.

Fundamental data:

The ADP employment report, the Fed's interest rate decision and Jerome Powell's press conference are expected today

The material has been provided by InstaForex Company - www.instaforex.com