The EURUSD downtrend remains intact, falling below 0.97700 after the Fed, a test of the 2022 lows is on the cards. Once cleared, the next demand zone would be 0.9700 and the October 13 low at 0.9631.
We expect EURUSD to test 0.96900 and possible lower as long as the USD continues to rally.
We expect EURUSD to test 0.96900 and possible lower as long as the USD continues to rally.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.