EUR/USD, dovish FOMC pushed the euro to 1.1300!

185 mario urlic eur-usd 21.08.

Third bullish day in a row after FOMC and euro has reached 1.1300 today. There is minor resitstance here which euro must handle to try daily MA200 at 1.1344. Brake or closing the week above that level could give the euro additional power and bulls will attack 1.1420/70 once again, after 4 fails. On the way down, first minor support is 1.1270, the stronger one on the low of the day at 1.1220/30 is waiting for the possible fall, which is unlikely today. The pair looks bullish enough, US dollar is weak on the market, could the bulls take that advantage today?

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