EURUSD breaks higher, but the Fed vote limits upsideEuro / U.S. DollarFOREXCOM:EURUSDProfessorSingaporeEURUSD breaks higher, but the Fed vote limits upside 🎯 Trade setup Direction: Long after confirmed retest 🔺 Entry: 1.1400–1.1405 🛑 Stop Loss: 1.1389 🎯 TP1: 1.1433 🎯 TP2: 1.1450 An H1 close below 1.1400 invalidates the breakout. Hawkish comments from Fed Chair Kevin Warsh could strengthen the dollar and reverse the move. What happened? The Fed kept rates unchanged at 3.50%–3.75%. EURUSD moved above the descending trendline and SMA 200 near 1.1400. However, the decision was taken by a 9–3 vote, with three policymakers supporting a 25-basis-point hike. Why is the market reacting? The rate hold initially weakened the dollar and supported EURUSD. However, the divided vote and continued inflation concerns made the decision more hawkish than the headline suggests. Technical context Price is above the major moving averages, while MACD is bullish. RSI near 68 suggests waiting for a retest rather than chasing the breakout. ⚠️ Not financial advice.