EURUSD, Short to Medium Term Retracement Expected

23 Jul 2022

We are coming from a relentless downward pressure on the asset. It was only to be expected that it eventually had to cease, at least temporarily, I feel confident that the current low of 0.995 should hold until the completion of the next corrective move up. After its done, and when that may be is uncertain, expect the price to push another low.