VIDEO: The ECB 50 BP hike paves the way for a move higher in the EURUSD

  • The buyers are taking their shot in the EURUSD. What about the GBPUSD and the USDJPY?

The ECB hiked by 50 basis points, sending the EURUSD to key resistance near the 50% of the move down from the June 27 high. Get above is more bullish. The support is defined at 1.02198. The buyers have their shot. Will they connect?

The GBPUSD is also higher. The USDJPY is lower. What levels are in play for those currency pairs today?

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EURUSD
EURUSD moves higher after 50 bp hike

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