EURUSD broke the 1.1180 daily supoort last week but in momentum got too far away from the 10 & 20 EMAs. The last few days' upwards trend was, thus, a correction. On technical grounds the pair is down, but today the release of EURO ZONE'S first-quarter GDP report, alongside German labor and inflation data might push up the pair in short term, which is very likely to be slammed back down again by the FED meeting tomorrow which is hoped to strengthen the US dollar.