Will EURUSD extend its recovery?
The impact of the war has disturbed the global economy for a long time and exacerbated instability in the eurozone. European countries need to face a serious situation that cannot be changed in the short term, greatly affecting economic growth and political stability in the long term. In this case I think the bearish trend can be easily resumed, but for now we see a rebound in EURUSD, with strong short-term resistance at 1.07300-1.08000. on the other hand, a stronger USD is a probable thing in the medium/long term, not in the medium/long term for EURUSD.
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