Euro has suffered major loss amidst Russia-Ukraine situation. The move till. 1.0807 has completed Fibonacci 61.8 retracement,we couldn't get buyers at that level someone around 1.1125-40,so my look is bearish on Euro,moneyflow decreasing consistently with retracement highs and now a channel breakout makes my decision firm.
Euro zone rate of interest is much lower...
Either it's 4Hr,Daily,or hourly chart all signals are alarming Heavy sell off on Pound technically. Fundamentally Tense situation between Russia and Ukraine also signals Dollar buy as safe haven, Inflation at 7.5% signals aggressive monetry adjustment. Main Support at 1.3507 break would set my target. 1.3200 in a week.
According to my analysis price will test. 0.000036 zone, that would be perfect time to buy in next couple of candles ,indicators are bullish as of now.target 0.000039
Pls do you own analysis.
Shib/usdt broke its resistance which was much awaited by the community itself. R=0.00004287
My analysis it can go all the way to 0.00009 .
Buy zone= 0.00004350
