US Dollar Breaks Bull Flag Into FOMC: EUR/USD, USD/JPY, GBP/USD
Source: Forexcom - https://www.forex.com/en-us/news-and-analysis/us-dollar-breaks-bull-flag-into-fomc-eur-usd-usd-jpy-gbp-usd/
Published: Jul 24, 2026 2:17 PM
The FOMC rate decision in June is what finally helped USD bulls to take a big step forward and from the weekly chart, that move is still quite evident although it started to stall shortly after running into the Fibonacci level at 101.80.
Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.
Medium Impact
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