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Euro Forecast: EUR/USD Now Turns to the Fed and BoE After a Hawkish ECB

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TheNews
, 06-13-2022 at 06:00 AM (300 Views)
      
   
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The Euro is struggling to rise despite an increasingly hawkish European Central Bank as competition gets stiff between its major peers. Where to for EUR/USD with the Fed’s turn next?

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Daily price is located far below 200 SMA on breaking the breaking the bearish triangle pattern to below for 1.0348 possible bearish target.
Conclusion: strong bearish trend to be continuing or the secondary ranging within the primary daily bearish.

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