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USD/RON is expected to continue its upwards movement

FOREXCOM:USDRON   U.S. Dollar / Romanian Leu
๐”น๐•–๐•—๐• ๐•ฃ๐•– ๐•ช๐• ๐•ฆ ๐•ฃ๐•–๐•’๐•• ๐•ฅ๐•™๐•š๐•ค ๐•š๐••๐•–๐•’, ๐•ก๐•๐•–๐•’๐•ค๐•–, ๐•”๐•๐•š๐•”๐•œ ๐•ฅ๐•™๐•– ๐‹๐ˆ๐Š๐„ ๐›๐ฎ๐ญ๐ญ๐จ๐ง ๐•ฅ๐•  ๐•ค๐•ฆ๐•ก๐•ก๐• ๐•ฃ๐•ฅ ๐•ž๐•ช ๐•จ๐• ๐•ฃ๐•œ.
๐•€ ๐•จ๐• ๐•ฆ๐•๐•• ๐•’๐•ก๐•ก๐•ฃ๐•–๐•”๐•š๐•’๐•ฅ๐•– ๐•š๐•ฅ.

The pair is expected to continue its upwards movement after it bounced back from an uptrend support line. Romania has been the next target of US militarization. The shift in the US defense strategy comes amid the widening gap in the relationship between Washington and Ankara. The United States was already able to establish a strong relation with the V4 Nations (Hungary, Poland, Czeckia, and Slovakia). However, among the eastern bloc, Romania was the most vulnerable. The country was also sitting is a major geopolitical location as it borders Ukraine. In 2014, Russia annexed Crimean, a Ukrainian territory. Ukraine is a candidate for accession in the European Union and the US-led NATO (North Atlantic Treaty Organization) alliance. The US has recently appointed a Resident Legal Advisor to Romania to help the country combat corruption, money laundering, organized crime, and possibly to shrug off any Chinese influence.

๐…๐ข๐ง๐š๐ง๐œ๐ž ๐๐ซ๐จ๐ค๐ž๐ซ๐š๐ ๐ž - ๐’๐ญ๐จ๐œ๐ค ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐…๐จ๐ซ๐ž๐ฑ ๐๐ž๐ฐ๐ฌ & ๐…๐จ๐ซ๐ž๐ฑ ๐๐ซ๐จ๐ค๐ž๐ซ๐ฌ
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