** According to macroeconomic data and weak growth data in the European Union and the high possibility of recession, the Euro will continue its downward trend in the medium term and become weaker.
** After the end of this downward trend, it is possible to return within the specified limits, and with the improvement of the economic conditions of the euro area, we can expect the rise of this currency pair to the range of 1.1000 _ 1.1200
** If the downward trend line breaks upwards and crosses the 1.0640 range, the bullish scenario will continue. But macroeconomic data does not confirm this at the moment.
GOOD LUCK.
** After the end of this downward trend, it is possible to return within the specified limits, and with the improvement of the economic conditions of the euro area, we can expect the rise of this currency pair to the range of 1.1000 _ 1.1200
** If the downward trend line breaks upwards and crosses the 1.0640 range, the bullish scenario will continue. But macroeconomic data does not confirm this at the moment.
GOOD LUCK.
