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

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Euro / U.S. Dollar (CAPITALCOM:EURUSD)  
Selena_Paul Updated   
CAPITALCOM:EURUSD   Euro / U.S. Dollar
Trend Analysis Harmonic Patterns Technical Indicators Forex EURUSD optionsstrategies signal selena breakout
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trendanalysis harmonicpatterns indicator forex eurusd optionsstrategies signal selena breakout
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.
Comment:
The EU is increasing accurate technical indicators

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