Although the Fed gave the market what it wanted it seems like everything was priced in and Powell admitted that he is data dependant for a 75bps or 50bps at the next meeting. For now i think the risk for dollar is the 50bps narrative. I am looking for a massive relief rally. SNB came out today and hiked above expectations with a 50bps. When the dovish banks are starting to jump in, the dollar will get hit at some point. I have been wrong on my first EURUSD idea but today i believe we correct finally. If we flip 1.04700 area i will look to add to longs. If not SL will be hit. Probably you are wondering why my SL is under the last low and not all the way back to 1.03578. Its part of my trading system and it gave me indication that a breakout is about to happen soon. All i can think is that wick was part of some liq grab. Could be wrong obviously so trade with caution. 0.25% risk is my way to go per trade.