The European currency made a strong upward movement. After the lifting of quarantine restrictions, Europe is doing everything it can to restore its economy and the currency is a good indicator. Having reached the resistance level
, the euro
turned around for a correction. But most likely this drawdown will not be deep and the Euro
will restore its growth. America now has big problems and the stability of the American currency is now in doubt. Most likely the Euro
will be in higher demand in the near future than other currencies.