Evening review of EUR/USD on February 24, 2021

0
51
Evening review of EUR/USD on February 24, 2021

Evening review of EUR/USD on February 24, 2021

Evening review of EUR/USD on February 24, 2021

USD/JPY (Daily chart)

As we can see, the yen dropped against the US dollar. This decline reflects a flow of investors in the US.

analytics60365dd15e866.jpg

EUR/USD

At the same time, the euro is still resisting the US dollar rise. However, buyers’ pressure is becoming stronger.

Sell positions could be opened from 1.2085.

Buy positions could be initiated after an upward break of 1.2180.

The material has been provided by InstaForex Company – www.instaforex.com

Source : https://www.fx.co/forex_analysis/quickview/271740/