EUR/USD Weekly Forecast: Bears Pounce 1.16 Ahead of a Busy Calendar

The EUR/USD weekly forecast tilts to the downside under 1.1600 amid a softer ECB guidance and fading Fed rate-cut expectations. Upbeat US data continues to keep the dollar strong, with eyes on next week’s GDP and inflation data. Technically, the pair stays bearish, with room to test the 200-MA at around 1.1400. EUR/USD ended the…
The post EUR/USD Weekly Forecast: Bears Pounce 1.16 Ahead of a Busy Calendar appeared first on Forex Crunch.
