EUR/USD Technical Analysis: EUR/USD pulling back near 1.1580 ahead of FOMC

• EUR/USD bear trend is on hold for the 6th consecutive day ahead of the FOMC minutes released at 18:00 GMT.  
• EUR/USD is having a pullback to the 50-period simple moving average above 1.1572 support.The key resistance to break to the upside is 1.1628 swing high, after which 1.1667 and 1.1750 become the main targets. 
• A sustained bear breakout below 1.1500 would invalidate the bull trend. 

EUR/USD 15-minute chart

Spot rate:             1.1596
Relative change:   0.21%  
High:                    1.1623
Low:                     1.1553

Main trend:                  Bearish 
Short-term trend:         Bullish above 1.1500

Resistance 1:  1.1628 August 8 high
Resistance 2:  1.1667 August 2 high
Resistance 3:  1.1750 supply level

Support 1:   1.1572 July 19 low
Support 2:   1.1542 supply/demand level
Support 3:   1.1506 June 21 low
Support 4:   1.1483 intraday swing high (August 10)
Support 5:   1.1445 last week high
Support 6:   1.1430 August 14 high