Euro / U.S. Dollar
Short

EUR/USD long term forecast @0,85

154
Basic on fundamentals (future rate hikes by FED) and technical outlook, we see clearly downtrend on EUR/USD-0.74% monthly chart and forming bearish flag pattern. In the next few months we will see breakout and impulse move to around 0,85 level.

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.