Eur/usd, is it only the beginning of the descent?

The slow decline of the EURUSD continues.

To favor the strengthening of the dollar against the single European currency, in fact, there is the steepening of the yield curve of the U.S. Treasuries, the ten-year is now close to a critical threshold, that of 2%.
The US 10-year prices, as you can see in the graph,

cdn.shopify.com/s/files/1/0065/8856/3508/files/Cattura_47522744-f73e-4dc8-aaf9-915c6a8338e2_480x480.jpg?v=1616411956

They are falling, and this is causing yields to rise, which are now close to 2%.

The more the price falls, the higher the yield, which would be the premium for buyers of 10-year US bonds.
Speculation is set to continue and, consequently, the dollar will rise.

After two weeks in a net short position, the big speculators have returned to a net long position on the American ten-year future...

https://hedgopia.com/wp-content/uploads/2021/03/TNX-2-1536x982.png

…while after eighteen consecutive weeks in a net short position on the US dollar, they switched to a net long position last week.

https://hedgopia.com/wp-content/uploads/2021/03/USD-2-1536x979.png

The decline of EURUSD, therefore, has just begun.

With my platform I am already short and in profit on the EURUSD, soon I will decide the Target of the operation.