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The past week ended with restrained optimism for buyers. There was no continuation of growth, the price remains at the same values. There is a feeling that the euro will make an attempt to build on its success and grow even more, updating the current local maximum.
This is due to the development of a correction following a long impulse decline. In this regard, transactions to buy at current values retain a good potential.
Previous forecast
20 June, 2022 09:31
← GBP/USD Forecast. Growth in the fourth wave of correction will continueThere were no significant changes in the pair under consideration on the final trading day of the past week.
Next forecast
13 June, 2022 08:03
EUR/USD forecast: the pair is under pressure →Four-hour chart of the EUR/USD pair.