Bias / Outlook Intraday: Neutral, in H4 Ichimoku Cloud.
Resistance: 1.1385 / 78, 1.1328. Above the flat Kijun-sen 1.1240 still holds the potential bullish. Price action in the range of 1.1328 which reflects the response of buyers, worthy of note. Break above 1.1385 is needed to get out of the track Ascending Triangle.
Support: 1.1240 / 1.1203, 1.1150. Price action reflecting the seller reaction between 1.1240 - 1.1203 worthy of scrutiny, but the break-down below 1.1150 is needed to confirm the exit of the track Ascending Triangle.
Note: It is recommended to wait about half an hour or one hour after the FOMC to listen to the market reaction to the Fed statement.
Resistance: 1.1385 / 78, 1.1328. Above the flat Kijun-sen 1.1240 still holds the potential bullish. Price action in the range of 1.1328 which reflects the response of buyers, worthy of note. Break above 1.1385 is needed to get out of the track Ascending Triangle.
Support: 1.1240 / 1.1203, 1.1150. Price action reflecting the seller reaction between 1.1240 - 1.1203 worthy of scrutiny, but the break-down below 1.1150 is needed to confirm the exit of the track Ascending Triangle.
Note: It is recommended to wait about half an hour or one hour after the FOMC to listen to the market reaction to the Fed statement.