EUR/USD The pair is stuck in a range of 100 points, and there are no fundamental factors to get out of this swamp yet. ECB is trying to regain control of inflation while avoiding even a hint of a recession. Short positions dominate the balance of volumes. If the bears can overcome the zone 1.0350/00, the chances of an upward reversal will be minimal.
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.