Powell's press conference was the key element to switch the social mood around the US Dollar. The sooner than expected raises in the interest rate are pushing the currency up against the main components of the Dollar Index basket. The EURUSD is following the overall trend exposed in the dashboard and broke the lower key level, increasing the chances of a 3 wave bearish zigzag to 1.1710 to 1.1470 if prices continue below 1.2661. Today's NFP can boost the movement to the downside.
Fintbi.com