EUR/USD Price Analysis: Bulls press up against resistance in countdown to Fed Powell EURUSD Currencies Technical Analysis
gets underway. He speaks at The Economic Club of Washington, D.C. Signature Event coming up in the next moments.
The following illustrates the break of structure and prospects of a continuation higher depending on the outcome of the Powell event. However, ahead of the event, there is a reluctance to hold onto positions. Should there be a dovish tilt in the speech, this could weigh on the US Dollar and see the price extend beyond the session highs and eye 1.0720s in the near term.
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