EUR/USD Review, May 16-20, 2022
16 мая 2022
The currency pair developed its downtrend last week due to positive US CPI data. This may lead to further monetary policy tightening. EUR/USD broke down 1.0451 last week. We expect the currency pair to have a correction towards 1.0451. Later on, the currency pair is able to develop its downtrend targeting 1.0230.
