fxstreet.com 23 Feb, 2021 17:00 am

Retreating from a critical resistance area

Retreating from a critical resistance area
The EUR/USD pair is down from a daily high of 1.2179, trading around the 1.2140 level, as the American dollar found some demand during the European m

2143 Federal Reserve chief Powell is due to testify on monetary policy before Congress.Still, the greenback is the weakest, as investors wait for US Federal Reserve chief Jerome Powell, scheduled to testify on monetary policy before Congress.FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.It also does not guarantee that this information is of a timely nature.

US CB Consumer Confidence is expected to bounce in February to 90.Later into the American session, the US will publish February CB Consumer Confidence, foreseen at 90.

Read full story at fxstreet.com