Could EUR/USD reach the 0.97 level?

AAATrade Team AAATrade

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.

Author

AAATrade Team

AAATrade

The AAATrade Team has extensive experience in content writing for the financial industry. Stelios Nikolaou is the lead writer of the team, he currently works at AAATrade to provide research and content writing services.

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