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The European currency keeps the price, does not let it fall too low. Yesterday I read a question from the president of the European Union that she asked representatives of the Fed. The question was; “Why is the dollar weakening while the US economy recovers and numerous vaccinations are planned?” Such a situation should strengthen the currency, and it is surprising that the dollar, despite its very strong foundations, does not regain its value .. Does it suit anyone? At the same time, EU leaders have stated themselves that the euro is too strong, and they need to do something about it. The surprising position of the States …

The current situation is the price at the resistance level. Local lows and price peaks are rising higher, but this does not prejudge any increases. After breaking the resistance which I wrote about recently (marked with a red line) we can think about increases, until then still a downward trend.

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