EUR/USD Is Rising Again

Although many people, including analysts from the Wold Bank, suspected that Fed would raise the US interest rates, that didn’t actually happen. Fed keeping the interest rates the same as they have been since 2008 gave EUR/USD the necessary push to begin rising again. I think the pair has headed for the resistance at 1.1540. It is also very likely to continue moving to the upside until it reaches the previous high at 1.1713 if it manages to break above that resistance. Either way, the EUR/USD correction continues for now.