EURUSD: The pair will resume its downtrend

26 apr 2015

EUR should resume its path on the dowside since the Tension about Greece seems to be postponed, good results are expect in the US Market, and ECB is spreading plenty of EUR in the market with its QE. The third Salvo will spread the market with 60 Bio and US has no more leverage on the short term to play with. Therefore On the upside 1.10 is still the maximum possible, but on the downside, EUR may progressively go again towards 1.05 and even bellow. later this year