EURUSD, “Euro vs US Dollar”
The EURUSD pair has exited the consolidation range upwards amid the news, practically forming a correction of the last decline wave, with a target at 1.0850. Today, the market is forming a decline wave structure, aiming for 1.0772. After reaching this level, the price might correct to 1.0810. Subsequently, a decline to 1.0736 is possible, potentially continuing towards 1.0704.
Origin: RoboForex