It’s a bit early to say EUR/USD has passed the test but it has put a bit of space between the spot price and the barriers in the last 10 minutes. We fell as low as 1.4508 after reaching 1.4580 in the immediate aftermath of the FOMC statement’s release.
We’ve bounced to the high 1.4520s so far. USD/JPY is holding just below 90.00, where lumpy offers sit.
