EURUSD is about to turn bullish on its 1D technical outlook (RSI = 54.898, MACD = -0.002, ADX = 25.155) as it completed a strong green 1D candle on Wednesday following the Fed Rate Decision that left the rates unchanged. Technically it is an important development as the price is about to test the 1D MA50 for the first time since May 29th. A rejection here or on the 6 month LH trendline right above it, would finally aim for the 1W MA100 (TP = 1.13150), which is the market's key long term Support.
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