THE STRUCTURE IS STILL TECHNICALLY BULLISH BUT THE PREVIOUS IMPULSE UP WASN'T VERY STRONG. BUILDING PERMITS TMRW AND THE FOMC STATEMENT ON WEDNESDAY SHOULD DECIDE IF EUR TAKES ANOTHER BULLISH IMPULSE OR IF USD IS READY FOR A REVERSAL. FOR NOW PRICE IS CONSOLIDATING, FINDING STRONG RESISTANCE @ THE 1.20 QUARTER POINT.