Evening update analysis for the EURUSD 05-07-2022
Economies.com
2022-07-05 18:31PM UTC
The EURUSD pair declined sharply to succeed achieving our extended negative target at 1.0250 and settles around it, and we expect the continuation of the negative pressure to achieve more negative targets on the longer term basis, to head towards 1.0100 areas, noting that holding below 1.0355 is important to continue the expected decline.
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