2020 2021 EUR/USD Euro to US Dollar rate forecast - down to 1.035
Market : Euro to US Dollar exchange rate (1 EUR to USD, Forex)
Trade : SELL the Breakdown
Entry : 1.0775
Target : 1.035 (0.0425, +3.94 %)
Stop : 1.09 (0.0125, -1.16 %)
Date : May 6 (Wed) 04:58 (EST)
Note : It seems that the euro is on the verge of a big fall. If the EUR/USD rate falls below 1.0775, it will be a signal of starting to go down to 1.035 ~ 1.0 level. If the euro will rebound, it would be a very good selling opportunity.
[EUR/USD rate monthly chart]
Trade : SELL the Breakdown
Entry : 1.0775
Target : 1.035 (0.0425, +3.94 %)
Stop : 1.09 (0.0125, -1.16 %)
Date : May 6 (Wed) 04:58 (EST)
Note : It seems that the euro is on the verge of a big fall. If the EUR/USD rate falls below 1.0775, it will be a signal of starting to go down to 1.035 ~ 1.0 level. If the euro will rebound, it would be a very good selling opportunity.
[EUR/USD rate monthly chart]