Thursday, 17 June 2021

USD/JPY Fails at Resistance and Pivots Lower, but the Underlying Trend Remains Bullish

USD/JPY turns lower after colliding with a key technical resistance area, but the dollar bias remains positive post-Fed.

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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...