DXY, EUR/USD, EUR/CAD, EUR/JPY Price Action Analysis

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DXY, EUR/USD, EUR/CAD, EUR/JPY Price Action AnalysisEURO / CANADIAN DOLLARFX_IDC:EURCADCityIndexWe’re heading into a potential binary event for the US dollar ahead of the FOMC meeting, where direction may hinge on whether Jerome Powell strikes a hawkish tone — or simply leaves inflation for “the next guy” to deal with. I take a look at key levels on the US dollar index (DXY) and the potential knock-on effects for EUR/USD, EUR/JPY and EUR/CAD. MS.