FX.co - Evening review of EUR/USD on February 24, 2021

2021-02-24T14:21:06

Relevance until2021-02-25

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.

Evening review of EUR/USD on February 24, 2021

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 market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Jozef Kovach

FX.co ★ Evening review of EUR/USD on February 24, 2021