Disliked{quote} dude they would want their currency to be even below USD for sure, that will definitely make their exports, their audi, their BMW, their French baguette so much more attractive by foreign consumers, making them produce more and increase productivity.... the move up from 1.05 to 1.15 was temporary retracement after a fall from 1.4 to 1.05..... overall eurusd still in downtrend. just ask yourself is ECB easing or tightening. is USD easing or tightening. once you know the answer to this. then you know the direction is down for sure. so don't...Ignored
no trader here can tell us when the trend is over, what price would characterise a trend change.. No body can say. all we can observe is that the price was 1000 pips above the lowest price this year