EUR/USD short "break of structure + 72% fib retracement "
fundamental factors :
1:US Producer Inflation: Recent data from the US indicates that producer inflation has risen more than expected in January. This suggests a healthy US economy, which could strengthen the US Dollar. As a result, we might see the EUR/USD pair facing some downward pressure.
2:!Expectations of Federal Reserve Policy: At the moment, markets are predicting a roughly 70% chance that the Federal Reserve (Fed) will keep the policy rate unchanged in the next two policy meetings. If investors start to anticipate a policy change in May, the US Dollar could weaken significantly. However, if the Fed sticks to its current policy, it could bolster the US Dollar and lead to a lower EUR/USD.
fundamental factors :
1:US Producer Inflation: Recent data from the US indicates that producer inflation has risen more than expected in January. This suggests a healthy US economy, which could strengthen the US Dollar. As a result, we might see the EUR/USD pair facing some downward pressure.
2:!Expectations of Federal Reserve Policy: At the moment, markets are predicting a roughly 70% chance that the Federal Reserve (Fed) will keep the policy rate unchanged in the next two policy meetings. If investors start to anticipate a policy change in May, the US Dollar could weaken significantly. However, if the Fed sticks to its current policy, it could bolster the US Dollar and lead to a lower EUR/USD.