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EUR/USD Price Action For March 19

EURUSD it seems to be moving sideways between 1.3945 and 1.3875, but above the 200 exponential moving average. A break above the resistance area could signal a rally to 1.3965 or 1.40. A drop bellow the local support at 1.3915 could mean that the Euro might lose some ground and retest 1.3900 or even lower the EMA. Do not forget about the FOMC meeting and statement today. It might trigger high volatility for this instrument.

EUR/USD Price Action For March 19 by