In connection with the prevailing trends in the markets, the dollar continues to decline relative to the basket of major currencies.
That is connected with some political risks, and also it is confirmed by a technical picture.
Our pair has a formed downtrend and at the moment we have moved away from the upper boundary of the descending channel.
Thus we advice to make short trades and look for points to exit at the lower borders of the channel
That is connected with some political risks, and also it is confirmed by a technical picture.
Our pair has a formed downtrend and at the moment we have moved away from the upper boundary of the descending channel.
Thus we advice to make short trades and look for points to exit at the lower borders of the channel