eur/usd analysis

28 Mar 2020

we can see a trend line since 2017 at current price, that trend line has denied price over four times earlier. We also see a few lows from previous years that could act as resistance. fib levels pretty close aswell. I think we are going to see a way more expensive euro with time tough, because we will see improvements with the virus (in a few months) and usd will get cheaper and therefore people will invest in eur instead. the perfect time to invest in euro would be last week when price was very cheap. Im going to find a time where eur will recover and a bit from these moves, and invest when demand is as high as possible and i think we will see that in a few weeks maybe months.

28 Mar 2020

Yorum

just wanna say if someone has missed it (hard to miss tough) but fundamental analysis is what drives prices right now. and it seems like nobody knows what gonna happen with price. For example i didnt hear anyone knowing about these big moves up in euro, i guess its to hard right now to predict