Euro Takes Breather. Forecast as of 01.07.2024

1 min read

French politics is no longer putting as much pressure on the euro as it used to, and new signs of a slowdown in the US economy have allowed the EURUSD pair to leave the consolidation range. Let’s discuss these topics and make a trading plan.

Weekly fundamental forecast for euro

Slowing US inflation, expectations that Marine Le Pen’s party will not be able to get an absolute majority in parliament, and France’s move towards a centrist government allowed EURUSD to break through the resistance level of 1.0725 and traders to open long positions. Politics will continue to weigh on the… Read full author’s opinion and review in blog of #LiteFinance

You May Also Like

More From Author

+ There are no comments

Add yours