EUR/USD remains under pressure in weekly lows around 1.1060 ahead of the key speech by Fed’s J.Powell. Extra gains appear limited by recent tops in the vicinity of the 1.1120 level ahead of the more relevant 21-day SMA at 1.1132. If the selling pressure gathers renewed traction, immediate contention is seen around 1.1060 (weekly lows) ahead of the 2019 low at 1.1026. EUR/USD daily chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Bitcoin and gold great hedgers against the looming global recession: Australian publication FX Street 4 years EUR/USD remains under pressure in weekly lows around 1.1060 ahead of the key speech by Fed's J.Powell. Extra gains appear limited by recent tops in the vicinity of the 1.1120 level ahead of the more relevant 21-day SMA at 1.1132. If the selling pressure gathers renewed traction, immediate contention is seen around 1.1060 (weekly lows) ahead of the 2019 low at 1.1026. EUR/USD daily chart Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.