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EUR/USD, AUD/USD, GBP/USD Analysis. US Dollar At a Turning Point? – DailyFX

The US Dollar may be at a turning point versus the Euro, Australian Dollar and British Pound following the FOMC rate decision and outlook by Fed Chairman Jerome Powell.

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US Dollar, Euro, Australian Dollar, British Pound, EUR/USD, AUD/USD, GBP/USD TALKING POINTS

  • EUR/USD climb turned steeper in mid-July, but recent price action hints at pullback
  • AUD/USD stalling at an over one-year resistance range, opening the door to retreat
  • GBP/USD cleared multiple ceiling will the pair lose steam before retesting 1.3212?

EUR/USD Analysis
EUR/USD has climbed along a steep, upward-sloping support channel since early May, and in early July the p…

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