EUR/USD Price Forecast: Remains confined in a range around 1.1300 ahead of FOMC meeting

  • The EUR/USD pair reverses an Asian session tip to the 1.1280-1.1275 region on Tuesday and climbs a fresh daily high in the last hour, though it lacks strong follow-through buying. Spot prices remain confined in a multi-day-old trading range, close to the three-week low touched last Thursday, as traders opt to wait on the sidelines ahead of the crucial FOMC decision on Wednesday.