The appreciation of the dollar against other currencies continues as a two decades record has been broken. From the time EURUSD has been listed on trading-view in May 1993, the lowest price of EURUSD stands at 0.82623. in November 2000. That is to say, the US dollar gained more than the EUR since its listing on trading-view. For another 8 years, the EURUSD appreciated to an all-time high at 1.6000 specifically in April 2008.
Since the appreciation of the EURUSD to the all-time high at 1.60000, on the monthly chart, there have been lower highs and lower lows. This movement signifies a downtrend. For the first time in 20 years, the EURSD reached a par as 1 EUR equals 1 Dollar on the 12th July, 2022. in the next few months, Euro might bounce from the current support at 0.99960 to a new resistance at 1.07657. Currently, the dollar looks strong.
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