Price plunged yesterday after a rather hawkish FOMC and is now close to the bottom range that has been in play since five weeks. Retail Crowd has again turned net long EurUsd (since yesterday) which as of today has increased (Alpari positions). This along with the PA itself warns of further losses and possibly a test of 1,22 level. Critical right now is the Weekly S1 at 1,2305. Watch closes around this level.