has broken major resistance 1.0680 after FOMC Meeting and is expected to reach till 1.0898 in short term. On the downside 1.0680 (Resistance turned into support) will be acting as short term support and nay break below will drag the pair further down till 1.0618(20 day HMA
). Short term major support is around 1.0550 (17th Mar low).
Indicators (1 Hour Chart)
Recommendation :Buy EUR/USD
around 1.0750, Sl 1.0680, Target 1.08980