FX Market Shockwaves After Powell’s Speech: Technical Breakouts, Key Levels, and the Path Forward
Jerome Powell’s recent speech reinforced the Fed’s patient approach amid elevated inflation and a strong labor market, supporting the US dollar’s resilience. Technical analysis of major FX pairs like DXY, EUR/USD, and USD/JPY highlights key resistance and support levels shaping near-term trends. For a detailed breakdown of market dynamics, technical setups, and the broader outlook, see Marc Chandler’s comprehensive analysis on Seeking Alpha.
