Selena_Paul

EUR/USD: No reason to fight this bearish trend just yet

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Selena_Paul 已更新   
CAPITALCOM:EURUSD   歐元 / 美元
Selena is delighted to meet all of you again during today's market exchange.

Currently, EURUSD continues its downward trend and is trading at 1.509. It seems that we all agree that the prevailing trend is a strengthening US Dollar.

There doesn't seem to be any reason to resist the downward trend of EUR/USD. However, today, let's pay attention to inflation in Germany and Spain - in case it sets the stage for the ECB's final interest rate hike. If not, it is predicted that EUR/USD will continue to slide towards the 1.045 or 1.0410 level.
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