EURUSD the long-term pic – My target 1.3-1.4
Mar 1, 2023

EURUSD

EURUSD looks to have bottomed, as it’s trying to form the base at the end of a decade cycle from technical point of view.

I think it bottomed in 2022, and that Eurodollar futures are approaching end of cylce. Bounce will be supportive for the EURUSD. Bunds forming a wedge, turn down on US and BUND yields will make EURUSD bullish (rate differential) like in past cycles.

Grega

EURUSD the long-term pic - My target 1.3-1.4 Monthly Chart
EURUSD Monthly Chart

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