EURUSD: Will the price decrease or increase this week?

Hello dear readers! EURUSD has slightly increased in price today as it begins to undergo a correction phase after experiencing a sharp decline at the end of last week. The current price is trading within the range of 1.090 and has risen by 0.9% throughout the day.

Although the short-term technical outlook for this currency pair suggests that there could be a downward correction, investors may be cautious about betting on the possibility of the US Dollar (USD) stabilizing after the unexpected dovish stance from the Federal Reserve (Fed).

Transaction en cours