The fear of tariffs has decreased
Fears of US tariffs appear to have subsided and EUR/USD could enter into a price correction as a result of the decline. Now, looking at the trend in the one-hour time frame, EUR/USD has formed a bearish corner pattern and, provided that the support of the important support interval in the range of 1.0352-1.0312 is maintained, it can rise to the resistance of 1.0666.
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.