Euro / U.S. DollarShort
EUR/USD weekly chart review -
Hello traders!
EUR will test the key level 1.11XXX soon.
If the EURO bounces from the key level we will be able to see a dead cat bounce run to 1.17XXX level most likely caused by dollar devaluation. If it breaks 1.11XXX level, we will be able to see the EURO values less than a dollar sooner.
I believe 1 EURO = < 1 Dollar will most likely happen by mid-2022.
EUR will test the key level 1.11XXX soon.
If the EURO bounces from the key level we will be able to see a dead cat bounce run to 1.17XXX level most likely caused by dollar devaluation. If it breaks 1.11XXX level, we will be able to see the EURO values less than a dollar sooner.
I believe 1 EURO = < 1 Dollar will most likely happen by mid-2022.
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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.