EURUSD - Upper end of long downward trend
Close to strong resistance on weekly chart.
Will it reverse to the long downward trend or the trend of last few weeks lead to breakout?
On the marco level, now EU seems to be better off than US due to better management of the pandemic. Or will the US head in the sand approach and putting economic activity before anything else make everyone else look foolish.
The answer to this will determine the next moves.
Will it reverse to the long downward trend or the trend of last few weeks lead to breakout?
On the marco level, now EU seems to be better off than US due to better management of the pandemic. Or will the US head in the sand approach and putting economic activity before anything else make everyone else look foolish.
The answer to this will determine the next moves.
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