Derived Data That Drive Results
By Jeremy Boulton — May 23 - 05:35 AM
Minor corrections for Fed inspired EUR/USD drop are 1.0814 and 1.1081
The targets for the bounce inspired by ECB is 1.0786
These are minimum tech corrections of a major decline (1.2266-1.0349)
If achieved they will likely be followed by a resumption of that drop
The next targets a drop below 2022's 1.0349 low are 1.0228 and 0.9949
EUR/USD traders should position for deeper decline nL2N2XF0FW
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EURUSD 2022 drop and retracements Click here
EURUSD and betting Click here
EURUSD targets latest Click here
Source:
Refinitiv IFR Research/Market Commentary
