EUR/USD beendet die Woche mit einem Rückgang

EUR/USD

Also, EUR/USD seems to have chosen a direction - at the end of the week. And this direction is downwards.

Interestingly, I advise all investors to simultaneously observe the behavior of the dollar index - a significant upward movement is possible on the index, if the current movement continues for a little longer, then a picture of a technical breakthrough upwards on the dollar index will be formed, and accordingly downwards on EUR/USD.

There is currently no more important moment in the market than negotiations in the US on raising the debt limit.

It should be noted that in the simplest understanding, the threat of a US default should have led us to a fall in EUR/USD, but we have the opposite picture. And this is an argument in favor of the strength of the movement.

We hold sales from 1.0938, the stop has been moved practically to the breakeven point of 1.0940, and in case of growth from 1.0940 we buy.

But for now, we are waiting for a strengthening of the fall.