Forex analytics: Current trend
Following the prolonged decline, the Euro is slowly regaining positions against the USD. Today, the price is at the level of 1.0950. Prior to the release of the annual data on the US GDP, European currency is preferable for investments as experts predict the decline in the index from o.2% to -0.8%.
Now, let’s look at the technical indicators. Following the 10-day decline, the …