Forex EUR/USD Daily Video, April 21, 2022

[Sive Morten]

Good morning,

EU PPI hits the highest level since 1949, but EUR finds something positive with it and shows good performance. Thus, as we've agreed, we turn to larger reverse H&S pattern on 1H chart:

 

[sveckar22]

https://www.forexfactory.com/news/1151876-ecb-rate-hike-possible-in-july-will-depend This might be the reason for Euro strength today. Same old talk, possible but they need to see the data, how much more data do they need to see before they can raise interest by the smallest amount.

 

[Naktilar]

Your information is always on time.
Always up to date.
It is a pleasure to read the thoughts of a sensible man.