05 November, 2019

EUR/USD is expected to decrease to 1.1072

Vladimir Ivanov
EN

Euro again loses its positions gained during the previous week. Favorable news about Brexit and trade tensions between USA and China supported EUR, however the advantage has been gradually vanishing from the start of the week. Investors has no confidence in strong euro, but dollar, on the contrary, looks more attractive. The next step for the downside movement of EUR/USD is 1.1072.

EUR/USD price chart
EUR/USD price chart

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