Tuesday, 27 April 2021

EUR/USD Breaks Out of Descending Channel Ahead of Fed Rate Decision

EUR/USD may attempt to test the February high (1.2243) as the exchange rate breaks out of the descending channel from the start of the year.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...