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Back Technical analysis
EUR/USD – Smart Money Analysis: How Long Can the Dollar Continue to Rise?
The EUR/USD pair is ending the
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The EUR/USD pair is ending the current week with overall losses of 200 points. The decline in the European currency began last week as the market prepared for an FOMC key interest rate hike on Wednesday. As it turned out, a 100-point strengthening of the dollar was insufficient to reflect the FOMC's monetary policy tightening. The dollar rose by another 100 points. Thus, the bulls spent almost an entire week attacking based on the single factor of a Fed rate
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