EUR/USD is trading near flat on the day after the strong push above the 1.3000 handle yesterday and three prior consecutive up days. The price action today comes post the FOMC update regarding further stimulus measures which had put the dollar under renewed pressure. Price is now trading close to the 1.3100 area prior swing high and descending trend line resistance area with a marginal 0.03% daily gain at present. A close around this level would see a doji candle marking near-term indecision. This comes at an area which has seen significant supply dynamics over recent trading sessions. We note that there has been ... (full story)