Two trades to watch: WTI crude oil, EURUSD
Fiona Cincotta March 4, 2021 7:28 AM
WTI rises ahead of OPEC+ meeting. EUR/USD hovers around 1.2050 with all eyes on Fed Powell's speech.
US crude oil rises ahead of OPEC
EUR/USD hovers around 1.2050 ahead of Jerome Powell
On the upside 1.21 the 20 sma and round number offers strong resistance. A break-through here could open the door to 1.2145 the 50 sma before bulls look towards 1.22.
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