Yesterday the EURUSD initially rallied but found enough resistance at the 200-day moving average to reverse and closed in the red near the low of the day with a narrow range.
Today is the main event of the week for the pair with the Fed Monetary policy statement and press conference later today, so we may expect some volatility.
The key levels to watch are 1.1097 (Resistance), the 200-day moving average at 1.1078 (resistance) and 1.0900 (support).
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