EUR/USD, 'the FOMC day' has covered!
As I wrote in my EUR/USD analysis from March 20., the pair will try to cover ‘the FOMC day’ again, and it’s almost did it in complete. Yesterdays high was 1.1029, just before US CPI data, when the pair had returned to support at 1.0900. That level had defended again and today is aiming up again with 1.0973 high for now. First resistance is previous high at 1.1045, h4MA200 is placed at 1.1070 and that could be the first test for the bulls.
Forex Trader 