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FOREXN1
Mar 14, 2023 10:26 AM

EUR/USD cautious before US CPI release - SHORT IDEA Short

Euro Fx/U.S. DollarFXCM

Description

After reaching multi-week highs near 1.0750 earlier this week, the euro currency is losing momentum and pushing the EUR/USD pair back to the 1.0680/75 area. The recent moderate recovery in the greenback is contributing to the currency pair's correction, as well as concerns about the US banking sector and speculations about the Fed's upcoming decisions on interest rates.
Comments
TheTradersAvenue
Definitely a great scenario, thanks.
DeGRAM
Well done mate
InvestingScope
Very professional piece of work!
WalterMoon
You made me reconsider my take on EURUSD chart
FOREXN1
@WalterMoon, cheers!
FOREXN1
✅ LIKE this IDEA and FOLLOW ME to be Always in the RIGHT SPOT!
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