Reports impede Euro

Tuesday, 22/08/2017 | 10:31 GMT

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The currency pair EUR/USD is still unable to settle on one short-term trend. It’s all because of the reports on economic and political situation published in Europe and USA. The published data sometimes is absolutely different from the predictions. That is why the currency pair from time to time jumps from the bottom to the top, and very quickly. Now the Indicator of economic settlement has also not come up to the expectations: it turned out to be 15,0 instead of 10,0.

This is why Larson&Holz analysts recommend to sell the currency pair for 1,1770 aiming at 1,1730.

Larson&Holz Review

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