Hello traders,
I still believe that a sustainable increase in the EUR/USD is too early, due to the advantage of a strong (and rising) USD exchange rate.
Currently, considerations regarding monetary policy for the Fed and ECB may only have secondary importance.
The risk for the EUR/USD will continue to decrease if conflicts intensify or escalate.
Resistance levels: 1.631; 1.058
Support levels: 1.050; 1.046
I still believe that a sustainable increase in the EUR/USD is too early, due to the advantage of a strong (and rising) USD exchange rate.
Currently, considerations regarding monetary policy for the Fed and ECB may only have secondary importance.
The risk for the EUR/USD will continue to decrease if conflicts intensify or escalate.
Resistance levels: 1.631; 1.058
Support levels: 1.050; 1.046
Trade active
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Related publications
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.