Where to Next for EUR/USD?

Earlier this week, we spoke about keeping an eye on EUR/USD, the pair had been trending lower, but the latest round of central bank meetings seems to have provided a slight lift.

On Wednesday, the FOMC confirmed a tightening of monetary policy, but gains for the USD were limited by Jerome Powell cooling any expectations of an increasingly hawkish Fed during his press conference. On the other hand, Thursday saw the ECB adopt a slightly less dovish stance, forecasting the end of the PEPP in March, and calling for more flexibility.

Check out the following article for an in-depth analysis on key levels for EUR/USD and where the pair could be headed next: