OANDA:EURUSD   Euro / U.S. Dollar
The EURUSD currency pair is at a local minimum, in annual terms. The last time we saw such a course was in 2017. And there are objective reasons for this. The war between Russia and Ukraine has affected the whole world, more or less. Europe, in turn, is directly supporting Ukraine. And accordingly, to some extent, suffers from this. The number of refugees and disruptions in the economy and problems with the supply of energy resources are making themselves felt. And this is clearly expressed in the euro exchange rate. But most likely this price zone will start a trend reversal and the euro will stabilize its course. We also observed lower prices last time back in 2002.

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