EURUSD popped from 1.1725 to 1.1790 after the Fed rate hike and extended the gains on Thursday’s early European session. Twice we tried to breach the mid-May high’s 1.1850 and failed, well above 1.1850 could open to 1.1900-1.1920 levels and on an extreme case, 1.1990 could even possible. Probably we are going to trade between 1.1790-1.1850 before ECB. The daily studies RSI and oscillator are remaining bullish. Supports are at 1.1780 and 1.1725 levels. A break should expose to 1.1620-1.1590 levels. Our baseline assumption remains that Q2 trading range remains between 1.1450-1.2000 levels. The further return of USD weakness, which should allow EUR to perform better continuation from the last week with resistance seems at 1.20 in the coming days.