Mean while global equates are scaling another leg higher; however market participants are paying close attention to the Kansas City Fed’s virtual Jackson Hole summit this week. Markets are expecting Jay Powell, the central bank chair, to announce details of the Federal Reserve’s wide-ranging review of monetary policy which will guide dollar move in upcoming days.
TREND : WEAK BULLISH
Time : 25/08/2020
Pivot : 1.1813
Technical View : LONG ABOVE 1.1833
Target : 1.1853, 1.1885, 1.1915
Technical View : SHORT BELOW 1.1793
Target : 1.1773, 1.1716, 1.1714, 1.1704