FX.co ★ EUR/USD

Hello traders, EURUSD Н4 showed an Asian growth of 50 points, but I'm not particularly confident in it. I believe more in the pair's reaction to bad news from the US on Friday. That's why the bearish market demonstrated its strength on Friday, and most likely this week we will see the pair below 1.1600. Today, we will probably see some consolidation around 1.1620 and 1.1650. The markets have likely shifted to anticipating US inflation data. Once we have this information, the outlook on interest rates will become clearer, and we can then expect a more directional movement.