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EUR/USD: Powell may propel euro higher, technical picture looks bullish

EUR/USD has retreated from the highs after US yields resumed their gains. All eyes are on Fed Chair Powell and his bond-buying plans moving forward.  Tuesday’s four-hour chart is showing that bulls are in control.  Make the trend your friend – EUR/USD is steadily moving up, setting higher highs and higher lows despite elevated US […] The post EUR/USD: Powell may propel euro higher, technical picture looks bullish appeared first on Forex Crunch.

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