Considering the US inflation level is decreasing, investors are looking for currencies where the interest rate will increase. Therefore the value of the dollar is likely to decrease as the FED is less likely to aggressively increase interest rates as they did before. In the end, the value of EURUSD will increase following this logic. The rebound zone has an old resistance likely to become a support.
💥 Free signals and ideas ➡ t.me/vfinvestment
