Hello everyone!
During the Asian session on Wednesday, the EUR/USD pair experienced a slight increase and reversed a portion of the retracement slide from the 1.0715-1.0720 region that occurred the previous day. However, spot prices are still below the 1.0700 round figure and are close to a six-month low that was reached last Friday. Traders are eagerly awaiting the outcome of the highly-anticipated FOMC policy meeting before making any new directional bets.