2022-04-20 15:23
Market analysisEUR/USD
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Market analysis：
EUR/USD could plunge towards 1.05 on a Le Pen win.
A Le Pen win could easily push EUR/USD through the low end of our target range at 1.0750, setting the immediate target on the March 2020 lows at 1.0636 and likely on 1.0500 below it.
A Macron win, while mostly expected, could likely generate some relief , allowing EUR/USD to rally as far as the late March lows around 1.0950. Still in that scenario it is unlikely that we would rush to revise our bearish EURUSD views , especially in light of last weeks more dovish than expected ECB rate decision.
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EUR/USD
Cyprus | 2022-04-20 15:23EUR/USD could plunge towards 1.05 on a Le Pen win.
A Le Pen win could easily push EUR/USD through the low end of our target range at 1.0750, setting the immediate target on the March 2020 lows at 1.0636 and likely on 1.0500 below it.
A Macron win, while mostly expected, could likely generate some relief , allowing EUR/USD to rally as far as the late March lows around 1.0950. Still in that scenario it is unlikely that we would rush to revise our bearish EURUSD views , especially in light of last weeks more dovish than expected ECB rate decision.
https://trustcapitaltc.com/live-account-nm
Forex
Commodity
Crude Oil
Stock
Others
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