Riainvestment

Eur/usd-Long. Weekly downtrend is broken

Long
FX:EURUSD   Euro / U.S. Dollar
Is Euro heading for a previous high of 1.57 vs USD? Monthly chart is telling us just that. Nothing is for sure but Lots of thing on fundamental side agree to that. For once Euro union worked together in a very long time. They are in a better shape to contain Covid-19 which in turn will give them a quicker recovery than USA. Weekly downtrend is broken. Not an advise. Just an idea.

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