Analysis

Could EUR/USD reach the 0.97 level?

EUR/USD

Looking at EURUSD’s chart, we can see that is it in a downward trend and after yesterday’s all-time low of around 0.9550, it is currently traded at around 0.965, unsuccessfully trying to pass the level of 0.97.

Today, if it manages to pass that level, then we could expect the rate to further rise towards its next resistance level at around 0.98.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.