InvestMate

💶 EUR/USD What's next? 💶

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FX:EURUSD   Euro / USA-dollar
💶 EUR/USD What's next?

💶 The EUR has scored another down week in a row comparing it to the US dollar

💶 All due to dire economic readings, the risk of falling into recession, as well as rising unemployment and falling exports.

💶 The Eurozone is in a bad situation, which has led to a flight of capital from the Zone to the US dollar.

💶 Today we found ourselves in the vicinity of the price of 1.057 from which there was an upward reaction.

💶 Looking at the lack of arguments for increases on the dollar and the Eurozone, I expect the occurrence of accumulation in the coming weeks.

💶 If today's bottom is defended I expect a slow cumulation of the price

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