EUR/USD | Weekly Update

Wait 5 sec.

EUR/USD | Weekly UpdateEuro vs. US DollarFX:EURUSDSmikal-Last week, I was anticipating a smaller retracement, but price has continued to develop over the past couple of weeks, leading me to expect a deeper retracement to the upside. The slowdown in bearish momentum, alongside the accumulation developing during this upward retracement, is what I'm paying attention to. For now, I'm adjusting my expectations accordingly and looking at the potential for further upside before the next bearish displacement.