• The EUR/USD pair jumped up towards 1.1400 after US market opened as the pair once again found buying interest around 1.1329 price zone.
   
• However the pair was unable to move above 1.1400 ahead of the major FOMC meeting later in the session.
   
• Currently the pair is trading around 1.1377 levels ,it is set to reach 1.1340 and 1.1300 levels in the short term
   
• To the upside, the strong resistance can be seen at 1.1400, a break above this level would take the pair towards next resistance level at 1.1436.
   
• To the downside immediate support can be seen at 1.1331 levels, a break below this level will open the door towards next level at 1.1300.
  
  Resistance Levels
  
  R1: 1.1400 (50% Retracement level)
  
  R2: 1.1436 (April 1st high)
  
  R3: 1.1535 (61.8% Retracement level)
  
  Support Levels
  
  S1: 1.1331 (Daily lows)
  
  S2: 1.1300 (Psychological levels)
  
  S3: 1.1261 (23.6% Retracement level)