EUR/USD Review, April 11-15, 2022
11 April 2022
The currency pair plunged last week due to the expectations of further inflation growth in the United States and further rate hikes by the Fed’s head and his team. EUR/USD broke through 1.1000 high to low and developed its downtrend.
We expect the currency pair to target 1.0792 this week. EUR/USD stays below the descending trend line.
