Forex Signal For EUR/USD: More Negativity Amid Fed and ECB Differentiation.
Forex Signal For EUR/USD: More Negativity Amid Fed and ECB Differentiation.
The pair will likely continue to decline as the Bear Market targets key support at 1,1180
Bear Market Outlook
- Sell EUR/USD and take a profit at 1,1150.
- Add a stop-loss at 1,1300.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: More Negativity Amid Fed and ECB Differentiation.
Bull Market Outlook
- Set a buy-stop at 1,1250 and a take profit at 1,1350.
- Add a stop-loss at 1,1150.
The EUR/USD pair continued to slide on Monday as investors focused on last week's decisions by the European Central Bank (ECB) and the Federal Reserve, also reacting to events in Washington and the growing number of Omicron cases It is trading at 1,1235, below last week's high of 1,3560.
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