Evening update analysis for the EURUSD 21-09-2022

The EURUSD pair shows additional negative trades to surpass our second target at 0.9850 and approaches 0.9800 barrier, after the FOMC rate decision to hike rate into 3.25%, and we expect the continuation of the negative pressure and head to achieve more decline and visit 0.9700 areas on the near term basis, taking into consideration that holding below 0.9950 represents initial condition to continue the expected decline.