At the Fed meeting yesterday there was more clarity on the reduction of the Fed's balance sheet. The dollar reacted with growth. The current picture for the euro is interesting in that we are technically at the lows of 2021.
I expect either a rebound from the current level, or an exit down the false breakdown formation and, in any case, a correction to the level of 1.1300.
Technical indicators fully support the idea of growth.
Sincerely,
AJV
I expect either a rebound from the current level, or an exit down the false breakdown formation and, in any case, a correction to the level of 1.1300.
Technical indicators fully support the idea of growth.
Sincerely,
AJV
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