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Daily Market Outlook (25 Feb 2021)
Update Time: 25 Feb 2021 01:20GMT
Next Update At: 08:30GMT
EUR/USD - 1.2162

Euro's rebound from 1.2110 in New York yesterday after repeated dovish comments by Fed's J. Powell suggests re-test of this week's 1.2180 high would be forthcoming soon, above would extend upmove from Feb's 2-month trough at 1.1953 towards next chart objective at 1.2222, loss of upward momentum should prevent strong gain and risk has increased for a retracement of said rise.  
  
On the downside, below 1.2110 anytime signals top is made, then outlook would turn bearish for weakness to 1.2092, then towards 1.2063.  
  
 

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