📉 EUR/USD Analysis 📈
EUR/USD quotes are still in the middle of the range 1.0200-1.0500. If the price declines, local support can be found closer to the 1.0240 level.
⚠️ Increased Volatility Expected on Monday! ⚠️
This is linked to market expectations regarding the Eurozone Consumer Price Index (CPI) and the U.S. Business Activity Index.
📊 As the price approaches the range boundaries, it's crucial to closely monitor market behavior. Given the overall downward trend, a decrease may lead to the formation of a local low.
Stay updated & trade wisely! 💹🔥
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