​​EUR/USD Technical Analysis The current situation for the eu | SuperForex

​​EUR/USD Technical Analysis

The current situation for the euro is full of uncertainty. On the one hand, recent inflation data from the eurozone was better than expected, which was reassuring and helped the European single currency appreciate against the dollar a bit.

However, tensions remain within the EU, especially considering the deteriorating finances of Italy and the ongoing chaos of Brexit. Plus, with recent assurances from the ECB that they are ready for more QE, it seems the euro lacks incentives for growth.

Read the article: https://superforex.com/analytics/technical-analysis/eur-usd-technical-analysis--1843