EURUSD breakout attempt stifled by Fed, pushed down into support As long as support in the 11100s holds, then a neutral to bullish bias is maintained Barring a breakdown, the euro may look to consolidate the rally since April
Not
1.Tough Resistance: Price on Strong Trend line
2. Price Retracement seen; bounce back on price and respect support @1.11092; Uptrend but neutral sign need to see a candle break the resistance otherwise the price will range
3. Price already above the 200 sma, however having a hard time to break resistance @1.12808
4. ADX= 28 still a strong trend but decreased power due to consolidation and uncertainty
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