💶 EUR/USD Plan 💶

💶 EUR/USD Plan 💶

💶 EUR/USD rose exactly as I wrote in the last post.

💶 All due to the valuation of the future better economic situation in the Eurozone and the stopping of interest rate hikes in the US.

💶 EUR/USD found its low near 1.063 after which investors started buying the euro.

💶 The solid economic situation in the Eurozone and the avoidance of a technical recession brought investors back to the old continent.

💶 This week we still have ahead of us PMI data from the most important Eurozone countries on Friday, which could bring high volatility.

💶 So far, I expect a moderate increase in the euro against the dollar, the continuation of the upward trend seems more likely, but I do not rule out a change of scenario if the data turn out to be worse.

🚀 If you appreciate my work and effort in this post, I encourage you to leave a like and follow my profile 🚀