The price has room to rise beyond $42k if a breakout above $41k is achieved.
The resistance level at 1.4123 looks likely to remain pivotal.
The EUR/USD pair was little changed during the Asian session as traders focused on the previous and upcoming economic data from the United States and the Fed interest rate decision.
The AUD/USD pair tilted upwards after the positive news from Victoria.
Attractive support levels above $70 and at $69.
The GBP/USD pair was in a tight range during the Asian session as traders waited for the key UK employment and US retail sales numbers.
The BTC/USD rose to a key resistance level after some positive comments by Elon Musk and billionaire Paul Tudor Jones.
The price has room to rise beyond $42k without hitting key resistance.
The price is sitting heavy near 1.4100 level.
The EUR/USD price was little changed in early trading as investors started to refocus on the Federal Reserve after the impressive inflation data published last week.
The AUD/USD remained in a tight range on Monday as the Australian markets remained closed for the queen's birthday.
A breakout above 0.7776 may finally happen today.
The ECB release today is highly likely to cause volatility.
The BTC/USD staged a major relief rally on Wednesday as investors reacted to the news from El Salvador.
The GBP/USD pair retreated during the American session as traders waited for the US inflation and UK industrial and manufacturing output data.
BTC/USD Forex Signal: Bullish Rectangle Below $41k