The Euro Index predicts the rise and strength of the euro currency in the near term

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.