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Sep 30, 2020 10:46 AM

EURUSD Technical and fundamental analysis Short

Euro Fx/U.S. DollarFXCM

Description

FUNDAMENTALS:
As relations between London and Washington improve, the situation for Europe over the Brexit agreement has become more difficult.
The head of the European Central Bank expressed his concern about the current state of the economy, saying that the central bank had not achieved its goals and that fiscal and monetary policies should continue.
An increase in expansionary monetary and fiscal policies will increase the circulation of the euro and thus reduce the value of the currency.
And in the current situation, the dollar is strengthening.
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