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EUR/USD Technical Price Outlook: Dollar Breakout or Euro Fake-out?

April 15, 2022

Via: DailyFX

Euro plunged more than 1.3% against the US Dollar today with the post-ECB sell-off driving EUR/USD into fresh yearly lows. That said, we have yet to validate a break of support with an extended holiday break on the horizon- looking for evidence into the close of the week. These are the updated targets and invalidation levels that matter on the EUR/USD technical price charts heading into the close of the week. Review my latest Strategy Webinar for an in-depth breakdown of this Euro technical setup and more.

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