The EURUSD price action was a bit misleading on Wednesday. At the beginning of the German consitutional Court decision there was a bit of confusion pushing the pair to rapidly test support at 1.2820 before quickly snapping back. All this said and done, it appear the EURUSD expects addition QE out of the FOMC Thursday and would fall rapidly if disappointed. Support begins at 1.2820 followed by 1.2690. If the FOMC provides the spark the cross expects a move up towards 1.3030 could be in the cards.
Sup 1.2820 1.2690
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