Today is the end of the working month and therefore it is necessary to instinctively expect the USD to dominate today.
This is because of an unfinished transaction in the EUR / USD currency pair in the strategic support area at the price of 1.2000, as long as this price does not touch EUR, we can not expect a further attempt of promotion in relation to USD.
Although we have seen a slight disappointment on Friday for GDP in the US economy for the first quarter of this year, the USD remains dominant today.
The other unfinished business refers to USD / CHF, as we look at this currency pair, then we can safely say that the price must reach a parity of 1.0000 before the attempt is rejected.
The price is currently quoted at 0.9896 and we see a strong continuation of the trend, this can happen until Wednesday when we have a FOMC meeting, which will decide on further interest rates or the overall monetary policy of the FED.
This is because of an unfinished transaction in the EUR / USD currency pair in the strategic support area at the price of 1.2000, as long as this price does not touch EUR, we can not expect a further attempt of promotion in relation to USD.
Although we have seen a slight disappointment on Friday for GDP in the US economy for the first quarter of this year, the USD remains dominant today.
The other unfinished business refers to USD / CHF, as we look at this currency pair, then we can safely say that the price must reach a parity of 1.0000 before the attempt is rejected.
The price is currently quoted at 0.9896 and we see a strong continuation of the trend, this can happen until Wednesday when we have a FOMC meeting, which will decide on further interest rates or the overall monetary policy of the FED.
