The global economy has exhausted the structural possibilities for growth. The world, and America in particular, need a transition to a new technological structure and development of the new model, which will be reconstructed around the entire economy, creating investment flows and growing assets - based on AForex .
Euro dollar currency pair continues to trade down, stretching the structure reduction. In the channel reduce this wave received helical structure without significant corrections.Actual scenario considering a return to the 1.3525 level. Next, we consider the possibility of another structure to reduce the overlap of the level 1.3340.
Daily Market from James Piserno, analyst brokerage Saxo Bank
- Sanctions against Russia will have devastating consequences for the growth of the EU economy
- Positive trend in employment in the United States will remain
- the U.S. will be able to keep GDP growth at 3%