InvestMate

💶💵EUR/USD No Decision💶💵

FX:EURUSD   Euro / U.S. Dollar
💶💵EUR/USD No Decision

💶💵On the most important forex pair, still no final decision on the future direction of the price

💶💵we are already 10 days into the 1.062 area and we still do not know the answer as to whether the continuation of the uptrend will continue.

💶💵So far the situation does not favour either side.

💶💵If we were to drop in the vicinity of 1.05 a continuation of the decline would be very likely.

💶💵And if we break out to a new peak, a continuation of the uptrend would be the prevailing scenario.

💶💵For now, we are left waiting to see what direction the price will take.

💶💵My scenario is to wait for a decisive move in one of the directions. If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

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