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Trade Ideas: EUR/USD Approaching Key Resistance as WTI Eyes Bullish Breakout

by Joel Frank
19 July 2022
in Forex
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EUR/USD is rallying on Tuesday amid report the ECB is considering a 50 bps rate hike at this week’s meeting, but the pair is approaching key resistance in the 1.0350 area. Sellers could be waiting. WTI, meanwhile, is eyeing a breakout of a bearish trendchannel that has been in play since mid-June. 

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

0:19 EUR/USD

3:17 CRUDE OIL

Tags: Crude oilEURUSD
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