EUR Forecast Q2 2022
by
, 04-02-2022 at 06:36 PM (452 Views)
The Euro suffered punishing losses in the first quarter of 2022. The currency is on pace to shed almost 3 percent against an average of its major counterparts, marking the worst three-month performance in 7 years. Taken together with losses in the second half of last year, the Euro is poised to give up nearly 4.5 percent over the course of nine months.
By the way, the Euro may bounce as the Ukraine crisis de-escalates.
The chart was made on weekly timeframe of Metatrader by using AllPivots indicator and AllAveragesCrossover indicator (attached).
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