Open trading account 
Current equilibrium level in the Euro appears to be just below the big figure (~1.0980), basically around the mid point of the three-day consolidation which resembles a symmetrical triangle. The bottom of the pattern is found near 1.0950 and the top around 1.1025.
In slightly broader terms, there is a support at 1.0925 - 1.0950 (50's, Pattern Bottom, 50 DMA, Weekly Pivot Point, Previous Day Low, Last Thursday Low) and a resistance at 1.1030 - 1.1060 (Pattern Top, Previous Day High, 200 DMA, Previous Week High, 50's, 100 DMA).
I'd be wary of fake breakouts ahead of the FOMC. Though I'd say the risk is to the upside, at least until 76.4% retracement of the last D1 downswing (~1.1250) is hit.
In slightly broader terms, there is a support at 1.0925 - 1.0950 (50's, Pattern Bottom, 50 DMA, Weekly Pivot Point, Previous Day Low, Last Thursday Low) and a resistance at 1.1030 - 1.1060 (Pattern Top, Previous Day High, 200 DMA, Previous Week High, 50's, 100 DMA).
I'd be wary of fake breakouts ahead of the FOMC. Though I'd say the risk is to the upside, at least until 76.4% retracement of the last D1 downswing (~1.1250) is hit.
