Seeing the current highly unstable situation in EUR/USD makes me wonder what will happen next. In my opinion, the pair has enough momentum to either jump up significantly or fall down far below 1.3 level. The currency pair has broken through the descending triangle pattern’s support, but seems reluctant to pass below 1.3 level. What is your opinion regarding the Euro/Dollar?
Where will EUR/USD end trading in May?
- Below 1.3000 (60%, 27 Votes)
- Above 1.3000 (40%, 18 Votes)
Total Voters: 45
The poll will expire on May 15. Update 2012-05-20: OK, I’ve messed up the poll expiry date; closed it manually today.The chart below shows EUR/USD in a daily timeframe since the beginning of 2012:
If you want to share your opinion or comments regarding the near future of the EUR/USD currency pair, feel free to reply using the form below.