ANALYSIS FOREX EUR – USD: Under the heating element.
The currency forex eur – usd pair evolved into downtrend medium-term, but following the announcement of the European Central Bank, the currency pair returns because investors had anticipated a strengthening of measures which had contributed to the continued decline of this currency pair. Following this movement, the bearish momentum is neutralized, not directional fort. The currency Eur – Usd pair oscillates in a trend slightly downward under oblique resistance which should be tested, a bull crossing could resume an upward trend…
Medium-term bias remains neutral.
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- Trend medium-term: neutral
- Trend short term: bullish
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