This is the minute action
The price of the EURUSD moved higher before the decision with the price moving above the 100 hour MA at 1.59 PM ET. The headlines, sent the pair 2 pips short of the 200 bar MA on the 4-hour chart. The fall back down to 100 hour MA at 1.12609. The low printed 1.1257. Then up to 1.1290 and a 2nd test of the 100 hour MA (this one right on the level). The 100 hour MA is the risk it seems. Get above the 1.1300 level opens the upside….