Looking at EURUSD’s chart, we can see that after the ECB’s announcement about fighting inflation and interest rate hikes, Euro has gained momentum, and the fx pair of EURUSD has early signs of turning to an upward trend. This is yet to be confirmed, but today we could expect it to further rise toward the level of around 1.0250.
(Click on image to enlarge)
More By This Author:
GBPUSD: Approaching Its Next Resistance Level - The Range Of 1.17-1.1720
Alphabet Inc. Class A: Its Next Resistance Level Is At Approximately $115
GBPUSD: Expected To Approach Its Next Resistance Level
Comments
Log in or sign up to join the conversation.