AlselvSignals

EURUSD recovers from losses

AlselvSignals Updated   
FX:EURUSD   Euro / U.S. Dollar
Hello dear friends!

Today, the EURUSD is experiencing a strong recovery and is currently trading around the 1.058 level.

The strong recovery following the lowest daily close of the year so far has improved the prospects for the Euro, although the overall trend is still downward. However, a potential prolonged recovery to around 1.0700 could occur due to support from a correction in the US Dollar, which has temporarily paused after an extended period of gains, creating favorable conditions for an increase in value for the EU.

And what do you think?
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