EUR/USD rally was fully justified, but can it break high

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Our special focus is on euro/dollar, which gradually made its way to the upside. The odds are improving for the common currency. Politics looks better in the euro-zone, and that’s a novelty. But the dollar is also lagging behind on growth and the travel of direction for central banks, even if the US has a lead. But did the rally go too far?

EUR/USD is our currency of the week:

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About Author

Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned the significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

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