TrategySherpa

EURUSD has a recovery rhythm, expected to increase again

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OANDA:EURUSD   Euro / ABD Doları
According to experts, the world price of EURUSD suddenly increased sharply due to recent positive inflation data and the weakening of the USD. There is a high possibility that the EURUSD price has run ahead of the news of the meeting minutes of the US Federal Reserve (Fed) announced tomorrow morning.
The USD continues to weaken as the market believes that the Fed has completed its interest rate hike cycle and may consider starting to reduce interest rates. Domestically, banks adjusted USD trading prices down sharply in the context of a sharp decline in the central exchange rate
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The market doesn't seem to fluctuate much
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Our prediction is correct, looking forward to the next direction of EURUSD
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