
A potential rise for the euro against most currencies soon
The euro index rebounded from demand areas on the daily frame
and managed to break a downtrend on the hourly frame, forming
new strong demand areas, indicating a potential rise
for the euro index in the near term. This indicates
potential strength for the euro against most major currencies.
If the new demand areas are tested
located at the 2.3899 level, a return to the rise is expected
to reach the specified targets at the 2.3940 and 2.4000 levels.
In the event of a rise, it is preferable to focus on searching for a long euro,
but only in the short term.