As the situation of energy crisis continues to escalate, it is possible that it can accelerate the ongoing economic slowdown. From the chart, the top around 1.0280 has been marked since early this month, which will be a strong resistance area for this pair.
I'm holding a bearish view for this pair, and the first target I'm looking at 1.0110, it is also possible that the pair can go to 1.0075. However, with the upcoming FOMC statement, it would be better to keep an eye on the market before entering.
EURUSD
I'm holding a bearish view for this pair, and the first target I'm looking at 1.0110, it is also possible that the pair can go to 1.0075. However, with the upcoming FOMC statement, it would be better to keep an eye on the market before entering.
EURUSD
