Recent Price Action After the FOMC meeting, the USD strengthened, pushing EUR/USD below the expected downside limit of 1.04. Support is now around 1.0330–1.0300, which is likely to hold in the short term. Short-Term Outlook If the support zone holds, EUR/USD could rebound towards 1.0400–1.0450. Buy Opportunity (1.03–1.045) Consider buying near the lower end of the 1.03–1.045 range, with a 30-pip stop loss and a target at the upper end of the range. Strategy Given the current range-bound market, it’s advisable to avoid taking large positions in either direction for now.