EURUSD

Federal Reserve Chairman Jerome Powell said Tuesday there was broad support among Fed members to raise the Fed benchmark rate by half a percentage point at the next two meetings to curb inflation.

As long as the EURUSD pair trades below 1.0576, on a four-hourly basis, the selling pressure will continue. On the other hand, if the price goes beyond 1.0576, the resistance level can be seen at 1.0654.


Support: 1.0496
Resistance: 1.0576 - 1.0654 - 1.0784

18 May 22 (Wed)

12:05 am