• The EUR /USD pair declined on Wednesday as dollar firmed on expectations of a U.S. interest rate increase in June and the market discounted a surprise win by France's far-right presidential candidate.
   
• The U.S. Federal Reserve is expected to hold interest rates steady after concluding its two-day meeting on Wednesday, but it might focus on future rate hikes.
   
• U.S. private employers added 177,000 jobs in April, slightly above economists' expectations, a report by a payrolls processor showed on Wednesday.
   
• Economists had forecast the ADP National Employment Report would show a gain of 175,000 jobs, with estimates ranging from 140,000 to 236,000.
   
• The ongoing weakness is set to continue for this pair as the resistance level at 1.0980 is likely to act as strong barrier to the bulls and bring a further decline towards lower levels.
   
• To the upside, the immediate resistance can be seen at 1.0934, a break above this level would expose the pair to next resistance level at 1.0980.
   
• To the downside, immediate support can be seen at 1.0883, a break below at this level will open the door towards next level at 1.0851.
  
  Resistance Levels
  
  R1:  1.0934 (38.2% Retracement level)   
  
  R2: 1.0980 (50% Retracement level)        
  
  R3: 1.1021 (61.8% Retracement level)
  
  Support Levels
  
  S1: 1.0883 (38.2% Retracement level)                    
  
  S2: 1.0851 (April 28th lows)
  
  S3: 1.0800 (Psychological levels)