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EUR/USD Technical Analysis: Euro volatile ahead of the FOMC

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its 200-day simple moving average (SMA).


EUR/USD 4-hour chart

  • EUR/USD is trading just below the 1.1300 resistance.


EUR/USD 30-minute chart

  • EUR/USD is parked just below 1.1280 resistance. 
  • A break above it can lead to an advance to 1.1300, 1.1330 and 1.1360 level.
  • Support is at 1.1250 and 1.1220 level. 

Additional key levels

 

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