EUR/USD Forecast: Euro sellers could retain control if 1.0800 is confirmed as resistance

• EUR/USD trades slightly below 1.0800 in the European morning on Thursday.
• The US Dollar continues to gather strength following the Fed policy announcements.
• January inflation report from the Euro area and mid-tier US data releases will be watched closely.

EUR/USD made sharp moves in both directions in the American session on Wednesday before closing the day marginally lower. The pair stays under modest bearish pressure early Thursday and trades below 1.0800 in the European morning.