TheNews

The Euro stabilized last week as the European Central Bank signaled that it would raise its main interest rate by July. The economic calendar offers few meaningful data releases; speeches by ECB President Christine Lagarde will garner the most attention.



Daily price is located below Ichimoku cloud inside symmetric triangle pattern within 1.0349/1.0606 support/resistance levels waiting for direction of the strong bearish trend to be continuing or the secondary ranging to be started.

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