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EUR / USD is relatively unresponsive to the publication of the FOMC Minutes.
Minutes of the November 8 FOMC meeting show that almost all members said a rate hike would be for "soon".
Members discussed a change in the language on future gradual rate increases. Almost all Fed officials believe that gradual rate increases are consistent with goals.
The FOMC minutes offer nothing new to the markets, and we do not find signs in line with yesterday's speech by Powell.
On the Forex, EUR / USD still blocks under the resistance of 1.1400, and retreated very slightly towards the moving average 200 hours to 1.1368.
Below, we will find the lows of the day at 1.1350, before the Fibonacci 50% at 1.1344. A break here would then expose the 100-hour moving average to 1.1333 and the 1.1325 threshold.
On the rise, the first obstacle comes in the 1.1385 / 1.1400 area, before the recent peaks around 1.1420.
The minutes have brought nothing on the Forex, but EUR / USD is beginning to correct the rise of the day on a sense of caution before the G20 tomorrow.
Currently, the EUR / USD is trading around 1.1370 on the Forex.
EUR / USD H1 Chart
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