I personally believe that the euro will defiately move up because from the fundamental point of view there has been no reason for the dollar to gain that much momentum within a limited number of days. The only public announcements that seem to have given he dollar this much power is the
1.News announcement by the us president in support of Israel in the Iran Israelis war
2.The interview done on Powel where there was no significant announcement made in matters related to the strength and direction of the us dollar.
Looking at the predictions conducted on the value of the us dollar, the predictions are indicating an increase in the number of people who filled for unemployment which has a negative effect on the dollar hence signaling continuous bullish momentum while looking at the Eur/Usd pair.
Beyond Technical AnalysisChart PatternsFundamental Analysis

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