EUR/USD has dropped for almost the entire period in 2022. The pair hit the multi-year low of 1.0052 on July 14 and entered a small correction phase. The price consolidated in a narrow range, and yesterday it finally managed to close above the consolidation phase. Currently, the pair is trading near 1.0335 with short-term resistance levels around 1.0378 and 1.0457. The short-term support levels are at 1.0211 and 1.0123. On a long-term basis, the EUR/USD technical outlook remains bearish, while in the short-term, the slight uptick also does not seem to translate into a more significant bullish momentum. EUR/USD...
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