Forex Trading: EURUSD Moves Toward Topside Trendline
Was it the comment that the dollar is a safe haven currency that sent the dollar lower? Perhaps. US interest rates are low because yes there are buyers due to increased money printing and perhaps because investors have no choice but overall the dollar is down.
The EURUSD is moving toward the topside trendline at the 1.3191 level. Above that the 1.3211 and 1.3226 become targets for the pair.
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