The dollar after strong growth amid falling oil prices did makes a recession. The Federal Reserve held its second sitting in the last two weeks, where it lowered the interest rate to zero, which led to its fall. The Fed also announced a program of quantitative easing measures, which provides for the purchase of assets worth $ 700 billion. Ministers of the Euro Union are trying to take measures to coordinate economic decisions in the Euro zone. The situation in Europe does not give serious reasons for strengthening the currency, but a drop in the dollar can play an important role in shaping the EURUSD rate. The extreme bands of the Bollinger Bands indicator are confidently looking up, which gives reason to expect a bullish trend.