EUR/USD Still Struggling to Trend but Bulls Take Step ForwardEuro / U.S. DollarFOREXCOM:EURUSDFOREXcomThat 1.1500 level in EUR/USD has proven to be a tough spot to crack and the higher-low from two weeks ago has now pushed into a higher-high. But with that said, buyers seemingly refused to drive this week even with a higher-high to go along with that higher-low, and this sets the stage for next week's FOMC meeting as a breakdown in the USD will likely need EUR/USD bulls to make a push. For next week, it's the 1.1593 level that looms large in EUR/USD and if that level gives way, it's going to look like a failed breakout and it'll expose the 1.1500 level for another re-test. For USD-weakness, GBP/USD has shown more attractive bullish structure and for USD-strength, USD/JPY makes for a stronger argument, at least until some semblance of trend shows itself in EUR/USD. - js