Will euro return to parity? Forecast as of 22.04.2024

Iran's reluctance to retaliate has inspired EURUSD bulls. However, is de-escalation of the geopolitical conflict in the Middle East enough for correction? Let's discuss the Forex outlook and make up a trading plan.Weekly Euro fundamental forecastThe de-escalation of the conflict in the Middle East has greatly helped the euro. The last time EURUSD plummeted to parity in 2022, Europe was experiencing an energy crisis, and the Israel-Iran war could have posed a huge problem for the oil and gas