EURUSD sharply moved up after FOMC meeting where Janet Yellen FED’s chair was very dovish. For last 24 hours price moved up by 300 pips. So far high from February wasn’t tested however it is a matter of time that level 1.1380 will be re-tested.
If price continues upward movement the biggest problem for demand will be 1.1490 level. That level was tested only once since last 14 months and there price should rebound and start correction. Alternatively if falls occur earlier nearest supports will be located at 1.1200, 1.1070.
Time-frame H4
