This currency pair plays a crucial role in both the Forex and even the crypto markets. The overall trend of this chart can guide you in making the right decisions for golden entry points into the investment market.
Considering that the Federal Reserve is expected to lower interest rates in the coming month, we can anticipate a good upward movement. This could also lead to growth in the cryptocurrency space, especially altcoins, and even gold, unless an extraordinary event occurs in the Middle East that could cause significant disruptions in the region and impact the Federal Reserve's decision.
In any case, my analysis indicates strength for the Euro, and the heartbeat of the market is currently embedded in this chart.
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