Forex EUR/USD Daily Video, June 16, 2022

Sive Morten

Special Consultant to the FPA
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18,717
Good morning,

We treat recent ECB decision as negative for the EUR, and keep valid our 0.9750 and 0.95 targets. In near-term we do not suggest retracement above 1.0515 resistance. So, after sideways consolidation EUR supposedly should keep going lower:

 
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