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May, 30 - EUR/USD is a big disappointment and risk today

Even though a lot of European countries are closed for business today it doesn’t mean that trading with EUR/USD stopped. As we all know – currency market is open 24/5 and the movement of the currency couples stops only on the weekend. Although it seems that if EUR/USD stopped for today we wouldn’t really mind that as it is very disappointing today. Not only euro is struggling with direction it seems that when it chooses one of the two possible directions it goes lower and lower. It is already at the lowest point in a week and there is no way to tell whether we are going to see a recovery or are we going to be stuck with the falling couple until tomorrow when Germany and France come back from the holidays.

 

eurusd 30.05.2019

 

Downtrend is not only very noticeable it is also very unwelcome. We really needed to see good results in the performance of the most popular couple but it seems that neither us nor the couple can be winners today. The situation can escalate as the new monetary conflict between Italy and Brussels is growing right now.

 

We are hoping to see the recovery soon enough so that to have the possibility to earn without worrying to fail, but trading signals are to be used in any case today.

 

 

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