Since mid-August EUR/USD rallies towards the 55-DMA have met sellers

55-DMA was briefly pierced Tuesday, sellers emerged shortly after it was

Increase in US$ yield advantage over euro helped drive EUR/USD lower

Pair turned negative, pierced the 10-DMA, hit 1.05815 on EBS

Daily inverted hammer candle formed after EUR/USD hit a 5-session high

Daily RSI diverged on that high and is now falling again

Investors now focused on results of Fed meeting due Wednesday

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