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  • EUR/USD is trading in a bear trend below the 200-period simple moving average as the FOMC statement has been released.
  • EUR/USD broke below the 1.1400 figure and the 50 SMA which can lead to a drop to 1.1350 and 1.1300 levels in the coming sessions.  
  • The 1.1400 figure becomes the new main resistance level.  

EUR/USD 4-hour chart

Main trend:             Bearish

Resistance 1:   1.1400 figure
Resistance 2:   1.1430 October 9 low
Resistance 3:   1.1470 Asian high (Nov.7)  
Resistance 4:   1.1500 figure and October 2 swing low  

Support 1:   1.1350 figure
Support 2:   1.1300 current 2018 low
Support 3:   1.1200 figure

Additional key levels at a glance:

EUR/USD

Overview:
       Last Price:  1.1372
       Daily change:  -67  pips
       Daily change:  -0.586%
       Daily Open:  1.1439
Trends:
       Daily SMA20:  1.1449
       Daily SMA50:  1.1552
       Daily SMA100:  1.1584
       Daily SMA200:  1.1852
Levels:
       Daily High:  1.15
       Daily Low:  1.1395
       Weekly High:  1.1456
       Weekly Low:  1.1302
       Monthly High:  1.1625
       Monthly Low:  1.1302
       Daily Fibonacci 38.2%:  1.146
       Daily Fibonacci 61.8%:  1.1435
       Daily Pivot Point S1:  1.1389
       Daily Pivot Point S2:  1.1339
       Daily Pivot Point S3:  1.1284
       Daily Pivot Point R1:  1.1495
       Daily Pivot Point R2:  1.155
       Daily Pivot Point R3:  1.16