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Interpretation of the EUR/USD Analysis Results for October 7. Has the Euro Reached Its Limit?
Analysis EUR/USD 5M
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Analysis EUR/USD 5M The EUR/USD pair showed a modest recovery on Tuesday, but that recovery looks convincing only on the very shortest timeframes. On the daily chart, it is barely visible — the euro remains at the very bottom on that timeframe, a bottom that can be pierced many times. Our view is unchanged: the month-long euro decline and dollar strength lack clear, coherent reasons. We observe an inertial, speculative move. Over the past month, EUR/USD has
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Paolo Greco,
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