ユーロ/米ドル

EUR/USD above the parity threshold

160
Still within the falling wedge formed since 2008, the price bounced off the support, 500 pips below the parity 1/1.

Currently on the 1.05 zone, as long as this parity zone is not broken, we can expect a bullish continuation. Several areas are to be monitored, including points 0.5 and 0.61 of the fibonacci. Another element will be to be taken into account on this zone of 1.09 - 1.14, will the bearish trendline act as resistance once again ?


Otherwise, if the price sinks below the parity threshold, we could expect lows since the 2000s on the 0.85

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