โก๏ธ A hawkish comment from the ECB last week, announcing a faster APP cut, gave the euro only a short-term boost to a weekly high. Since the market is too aggressive about the September rate hike and given geopolitical concerns, it is likely that the EURUSD currency pair may fall lower.
Technical analysis strongly supports the idea of going short. The price again entered the balance 1.08215 - 1.09295. In the coming week, we can expect an approach to its lower limit, if not lower.
๐ฅEURUSD Forecast Results๐ฅ
โ๏ธEURUSD: important supports ๐ +85 pointsโ :
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๐๐ฅLINKS TO PREVIOUS IDEAS AND FORECASTS๐ฅ๐
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