Euro bounces off six-month lows near 1.0615
Hello dear friends!
After falling to new lows in several months, the Euro (EUR) is attempting to recover some of its losses against the US Dollar (USD), pushing the EUR/USD back to the 1.0650 area at the European open on Thursday.
In general, in the current trend, the EU is gradually reducing the temperature and moving sideways. If it wants to have new breakthroughs in price, the EU needs to overcome at least two resistance levels 1.070 and 1.0750. .
After falling to new lows in several months, the Euro (EUR) is attempting to recover some of its losses against the US Dollar (USD), pushing the EUR/USD back to the 1.0650 area at the European open on Thursday.
In general, in the current trend, the EU is gradually reducing the temperature and moving sideways. If it wants to have new breakthroughs in price, the EU needs to overcome at least two resistance levels 1.070 and 1.0750. .
