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26.04.202309:54 विदेशी मुद्रा विश्लेषण और समीक्षा: EUR/USD: demand falls ahead of fresh US data

Exchange Rates 26.04.2023 analysis

Once again, euro showed a strong correlation with the US stock market as a sharp correction took place in both markets.

The US market fell due to new concerns about small and medium-sized banks, while euro declined ahead of important US data. The report on durable goods orders will be released today, followed by GDP and PCE inflation reports on Thursday and Friday.

Euro's decline began exactly from the previous high - 1.1070.

However, selling should start after a new noticeable growth, and another approach to 1.1070 is possible.

Buying should only begin after a new strong wave of decline.

Sell from 1.1070.

Buy from 1.0860.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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