In my opinion, I don't think so. The Euro Area economy is not doing too good and Germany is limping. After today's monetary policy I believe the EURUSD will continue the descending trend. A break below the local trend line would signal the fall, while only a break above the 200 ema would signal a rally for the euro.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.