EUR/USD opened 0.23% lower at 1.1902 and traded 1.1893/1.1906

Heading into the afternoon it was unchanged at 1.1900/05

Market is on hold ahead of FOMC decision later today

Key will be bond market reaction to Fed statement, dot-plots and Powell

If US yields move higher - EUR/USD will likely head to 200-day MA at 1.1843

If US yields steady to lwoer - EUR/USD likely tests 38.2 fibo at 1.1991

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