EURUSD bullish above 1.1460 level
The euro is testing towards the 1.1500 level against the US dollar after the FOMC kept interest rates on hold and struck a more dovish tone than market participants had been expecting. The EURUSD pair is strongly bullish while trading above the 1.1460 level, a sustained move above the 1.1500 level should provoke strong technical buying. Traders now await the release of key GDP and Unemployment data from the eurozone economy this morning.
- The EURUSD pair is bullish while trading above the 1.1460 level, key technical resistance remains at the 1.1500 and 1.1570 levels.
- If the EURUSD pair trades below the 1.1460 level, sellers may test towards the 1.1430 and 1.1410 support levels.