For the last 4 months EUR USD has been on a downward trend. On a daily basis we can clearly see a large green candle. Maybe this would be a good sign for a trend change or encountering strong resistance that might cause a trend change.
The USD Index also showed strong resistance on a daily basis on Friday. It is very likely that in th
DXY
e coming period there will be a change in the trend, which will also push the euro to change the course upwards.
The USD Index also showed strong resistance on a daily basis on Friday. It is very likely that in th
DXY
e coming period there will be a change in the trend, which will also push the euro to change the course upwards.