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EUR/USD: Powell punched the euro to critical support, NFP set to push it over the line

Posted by: Forex Crunch in Forex Analysis March 5, 2021

EUR/USD has dropped sharply after the Fed’s Powell refused to commit to lowering yields.  All eyes are on America’s Nonfarm Payrolls report for February.  Friday’s four-hour chart is showing bears are in the lead. “Caught my attention” – is the only comment the world’s most powerful central banker has had to say about rising US […] The post EUR/USD: Powell punched the euro to critical support, NFP set to push it over the line appeared first on Forex Crunch.

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