• The EUR/USD pair traded in lower range on Wednesday as investors awaited minutes of the Federal Reserve's last meeting for more clues on interest rate hikes this year.
   
• The Fed, which lifted interest rates and unveiled details of its plan to cut its mammoth crisis-era bond portfolio at its mid-June meeting, will release minutes at 2 p.m. ET (1800 GMT).
   
• A recent set of tepid economic data and an inflation rate below the central bank's 2 percent target may have a bearing on its rate hike plans.
   
• The ongoing weakness is set to continue for this pair as the resistance level at 1.1376 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 1.1347, a break above this level would expose the pair to next resistance level at 1.1376.
   
• To the downside, immediate support can be seen at 1.1316, a break below at this level will open the door towards next level at 1.1286.
  
  Resistance Levels
  
  R1:  1.1347 (50% Retracement level)       
  
  R2: 1.1376 (May 7th high)              
  
  R3: 1.1400 (Psychological levels)
  
  Support Levels
  
  S1: 1.1316 (50% Retracement level) 
  
  S2: 1.1286 (38.2% Retracement level)
  
  S3: 1.1250 (23.6% Retracement level)