After the EUR/USD pair recorded a new high at 1.3415, significant bearish pressure was appliead enhanced by the Federal statement that gave US dollar much strength against most other currencies.
This events activated the other scenario of reversing off 1.3425-1.3450 and heading towards 1.3180-1.3200 for retesting.
Price action should be watched at 1.3180-1.3200 for a good opportunity of bullish recovery.
Breakdown and fixation below 1.3180 probably opens the way towards 1.3050.
The pair stepped below 1.3220, (previous support and SMA 100) that turned now into partial resistance.
This demand zone extends between 1.3220-1.3180 where bullish recovery can be expected.
Resuming bullish movement needs fixation above 1.3220 again. Otherwise, further bearish pressure may be applied towards 1.3150 then 1.3100.
