EURUSD is testing 1.2070 resistance, while the market keeps its negative movement. U.S. interest rates rise again. There is a fatigue in the parity due to its effect and its previous resistance. Although the option market is positioned in favor of the euro in the short term, horizontal movement is maintained for 3 months. Parity is also showing a recent spike in interest rates. Technically, the inability to exceed 1.2070 could bring about a summit formation
