EUR / USD possible medium-term rise
Hi Trader!
The EUR/USD has reached an important level that has served as a resistance on several occasions, therefore I expect a little falling to 1.21, but in my opinion the the price will rise more, because the FED will not raise interest rates and continue the QE program, that means, that the US equities, risk on currencies like NZD, AUD, EUR and commodities will rise against the US dollar.
Good luck to all traders next week.
The EUR/USD has reached an important level that has served as a resistance on several occasions, therefore I expect a little falling to 1.21, but in my opinion the the price will rise more, because the FED will not raise interest rates and continue the QE program, that means, that the US equities, risk on currencies like NZD, AUD, EUR and commodities will rise against the US dollar.
Good luck to all traders next week.
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