According to Technical Analysis;
Eur/Usd selling pressure continues. Next month's price closing received reaction from the important price lower train line.
When we look at the chart, a 5-wave wedge movement is seen. I expect the price to react from the 4th region and touch the 5th upper resistance line.
According to Fundamental Analysis;
Interest rates in the US are rising faster than in the euro area.
In the coming period, the FED will narrow its balance sheet. However, the Ukraine-Russia war poses a risk on the EURO region.
Eur/Usd selling pressure continues. Next month's price closing received reaction from the important price lower train line.
When we look at the chart, a 5-wave wedge movement is seen. I expect the price to react from the 4th region and touch the 5th upper resistance line.
According to Fundamental Analysis;
Interest rates in the US are rising faster than in the euro area.
In the coming period, the FED will narrow its balance sheet. However, the Ukraine-Russia war poses a risk on the EURO region.