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DavidPascucci
Jan 2, 2022 2:37 PM

EURUSD KEY AREAS for 2022 Long

EUR/USDOANDA

Description

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.
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