• EUR/USD activity light ahead of the FOMC decision/statement later today
  
  
• The pair opened at 1.1058, edged higher to 1.1083 and currently trades almost unchanged on the day at 1.1057 
  
  
• Immediate support is seen at 1.1022 (21-Day MA/Low Jul 27), followed by another support at 1.0994 (Daily Cloud Base)
  
  
• On the other hand, resistance is seen at 1.1099 (Session High Jul 28) and 1.1129 (Daily High Jul 27/55-DMA)
  
  
• German GFK consumer confidence scheduled for release today, but FOMC statement will dictate direction from here  
  
  

Resistance Levels:

R1: 1.1099 (Session High Jul 28)

R2: 1.1129 (Daily High Jul 27/55-DMA)

R3: 1.1197 (Daily High Jul 13)

Support Levels:

S1: 1.1022 (21-Day MA/Low Jul 27)

S2: 1.0994 (Daily Cloud Base)

S3: 1.0969 (Session Low Jul 27)