EURUSD Euro exchange rate long term forecast - down to 1.05 and 0.93 - Forex Trading Today
Many experts talk about the weakness of the US dollar. Many investors seem to think so. However, my opinion is different. The value of the US dollar itself is constantly declining. However, the dollar will be strong against other currencies. The reason is that other countries can not and will not say NO! to the US.
EURUSD is likely to fall to 1.05 line. In the long term, it may be down to 0.93 line. It is going to go down with very confusing price actions. When it goes up, it would be better to find opportunities to sell.
[EUR USD rate monthly chart]
EURUSD is likely to fall to 1.05 line. In the long term, it may be down to 0.93 line. It is going to go down with very confusing price actions. When it goes up, it would be better to find opportunities to sell.
[EUR USD rate monthly chart]