EURUSD - Why is 1.0960 is the key lvl to determine direction

Horizontal support 1.0786
Falling downtrend line is 1.0960
Fed is printing - this is in MT is dollar negative.
First of all I want to see how 1.0960 lvl acts then take action... Upside still more interesting, but bulls shud overcome 1.0960 to structure any longs from here, untill that scalp sell against 1.0960 cud be the game in town from steel dragons.
Powel speech next. Be careful. TTFN.
EURUSDMultiple Time Frame AnalysisSupport and ResistanceTrend Analysis

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