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Feb 25 - 02:55 AM

EUR/USD - Breaks Cloud Cover; ECB's Dovishness Aligns With Fed

By Ewen Chew  —  Feb 25 - 01:01 AM
  • EUR/USD rises to 1.2179 after early dip to 1.2140

  • Bullish bias set to strengthen, pending close above 1.2170

  • That would establish breakout from Ichimoku Cloud top

  • Bollinger uptrend channel also in play, affirming bulls

  • ECB's Schnabel says no rush to tighten policy nS8N2J103D

  • Follows Fed's Powell's dovish testimony nS0N2JQ00R

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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