. #EUR #USD Making a near 2 year high around 1.1600
http://ntvforex.com/news/?id=776b0c. . 7 24 2020 7 52 59 AM . . . #EUR USD, Daily . . The pair made a near 2 year high above the level of 1.1600 after seeing the golden cross 50 SMA signal cut the 200 SMA at the end of June in a bullish flag price continuation pattern. The US Dollar itself and the #USD Index, assets with negative correlation with the EURUSD, this week hit the lowest level after two years in a row at 94.50. Likewise, seeing the death cross at the beginning of the month comes with the price continuation model in the bearish flag downtrend. . The European Union recovery fund is an important step which strengthened the Euro. Meanwhile the US Dollar is beset by all round problems, including the prolonged tensions with China and …

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