EURUSD W1 - Chances of an upward correction
For now, the trend line has stopped the bears.
The 1.0800 level remains a very important support for the bulls.
At the moment, we already have an 84% chance of a 50p hike in the US in May - this is already in price
It seems that this support should work and we may be dealing with an upward correction.
Of course, unforeseen events in Ukraine may pose a significant risk to growth
The 1.0800 level remains a very important support for the bulls.
At the moment, we already have an 84% chance of a 50p hike in the US in May - this is already in price
It seems that this support should work and we may be dealing with an upward correction.
Of course, unforeseen events in Ukraine may pose a significant risk to growth
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