EURUSD Tests Key Support Ahead of FOMCEuro/US DollarFX:EURUSDftdsystemFollowing the strong U.S. GDP data, EURUSD dropped to the 1.1450 support level. This area is significant, as it marks the convergence of the 23.6% retracement from the January–July move and the 50% retracement from the May–July move. While the FOMC decision will ultimately shape the direction, from a technical perspective, a long position may offer a favorable risk/reward setup at current levels. A stop just below the key support would help manage downside risk.