DavidPascucci

EURUSD KEY AREAS for 2022

Long
OANDA:EURUSD   Euro / U.S. Dollar
Timeframe: Monthly

Method: Price Patterns

EURUSD is the most important FX major in the markets and one of the most liquid asset, so it's an "heavy-weight" on the market.
Zero-Rate policies in the markets with an high rate of inflation could be considered as a danger in the market, but there could be a time when all those non-balanced situations will return to their natural shape (high inflation leads to higher interest rates and viceversa)

Movement Expected: From 1,13 to 1,11 is the key area for a reverse in the next few months for EurUsd. I expect a downward movement under 1,12 and then a reverse.

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.