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EUR/USD Forecast July 24-28 2017

From forexcrunch.com

EUR/USD had an excellent week, breaking to much higher ground. The upcoming week features a mix of PMIs, GDP, and inflation figures. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. ECB President Mario Draghi did his best to sound balanced and even dovish, but markets didn’t buy it. He did say that they will discuss the next steps in the Autumn, and that was enough for markets to see tapering. The final inflation figures confirmed the original ones. In the US, the failure to pass a health bill triggered a fresh wave of dollar selling. The revelation that Special ... (full story)

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