Mon, 15 Apr 2024 12:06:20 GMT
EUR/USD respects trend line
The EUR/USD has declined, as expected. The rate has found support, as it approached the trend line that acted as support throughout March. On Monday, the rate recovered and traded with low volatility near the 1.0650 level. It appeared that the pair was waiting for additional news, before picking a direction.
In the near term future, the rate could be