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Trade Idea: Sell EUR/USD Rallies Into 1.0350-1.0450 Area

by Joel Frank
21 July 2022
in Forex
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EUR/USD may rally to fresh weekly highs above 1.0300 given the ECB just implemented surprised with a larger than expected 50 bps rate hike refused to take further large rate hikes of the table for upcoming meetings, and given Russian gas flows just resumed, easing energy crisis fears. But the ECB’s slower approach to tightening and the vulnerable Eurozone economy suggests EUR/USD rallies may continue being sold.

For more trading details, please check the hyperlinks with time stamp indicated from the video: 

0:10 EUR/USD

Tags: EURUSD
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