JinDao_Tai

EUR/USD Outlook (20 April 2022)

Short
FX:EURUSD   Euro / U.S. Dollar
EUR/USD is still trending down, but recently trading in a range (between 1.0850 and 1.0700)

ECB has not indicated a strong stance towards further/aggressive tightening of monetary policy.
Because of this, significant upside in the EUR/USD is not anticipated.

Look for short term selling opportunities, especially if the EUR/USD fails to break above 1.0850

Free trading community: discord.gg/kPDXU2ZaDt
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.