From a technical perspective, EURUSD chart is looking bullish after breaking a falling channel mentioned at 30min timeframe, targeting 1.007 zone.
In addition, important news today coming from the US and the Eurozone will affect EURUSD pair the most, (Fed chair Powel speaks, Eurozone monetary policy statement).
A less hawkish speech by Powel, combined with an aggressive interest rate hike by the ECB will definitely confirm the bullish senario.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.