EURUSD may fall, but it's all about the FOMC DecisionEURO VS US DOLLARTRADENATION:EURUSDKlejdiCuniEURUSD may fall, but it's all about the FOMC Decision During the first 2 weeks of July, EURUSD fell from 1.18000 to 1.1550 and then the price rose again due to renewed tariffs. Trump's comments regarding Powell and tariffs, according to which the EU and the US may reach an agreement soon, renewed the strength of EURUSD. However, this time it is more related to the FOMC. If the FED cuts rates, EURUSD can drop further. When they didn't cut rates, the USD was weak or didn't move at all. Let's see. If Powell makes any surprises this time, EURUSD could fall, as shown in the chart, from 1.1800 to 1.1550, which is almost 250 pips lower. Key support zones: 1.1660 and 1.1580 You may find more details in the chart! Thank you and Good Luck! PS: Please support with a like or comment if you find this analysis useful for your trading day Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.