EUR/USD Forecast – Reasons Why Euro Recovery Won’t Be Easy

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EUR/USD Forecast – Reasons Why Euro Recovery Won’t Be Easy

Postby kreslik.news » Tue Aug 09, 2016 7:50 am


This article was written by Aayush Jindal, currency analyst at Titan FX.

The euro gained pace this past week against the US dollar, but this week it faced a lot of selling pressure. The EUR/USD pair remains lifeless and it may continue to trade lower if the current market sentiment remains intact.

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In this article, I will to cover a few reasons why the euro recovery is not easy and why the EUR/USD pair might continue to decline.

EUR/USD Decline Explained with Daily Chart

This past week, a ... (read more)

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