Fx-jomic

EUR USD

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OANDA:EURUSD   Euro / Dólar Americano
were in the third February week, the major currency pair remains “in the black” and intends to continue its positive momentum.
EUR/USD is mostly trading around 1.2155.
Market players are still focused on the discussions of a new stimulus package to support the American economy.
Joseph Biden’s office is doing a good job in promoting and approving the plan that will worth at least $1.9 billion.
Some investors believe that the stimulus package will support the strengthening of the “greenback” in the future because it will allow the American economy to recover and recharge. The others are sure that the USD will get weaker due to a higher demand for riskier assets.
look for buying opportunities on the long time frames

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