EURUSD and GBPUSD extending higher and above respective 200 hour moving averages

  • US stocks moving higher

The US dollars moving lower as the Powell press conference continues.

For the EURUSD, technically, the price as extended above its 200 hour moving out at 1.0903.

EURUSD

For the GBPUSD, it still is extending above its 200 hour moving average 1.2768.

GBPUSD

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