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EURUSD Could Deteriorate Further
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EURUSD Could Deteriorate Further
France’s new Prime Minister, Sebastien Lecornu, resigned on Monday, just hours after naming his new cabinet.
His resignation was sudden and unprecedented, and marked another major deepening of France’s political crisis.
On the other hand, according to our previous analysis, EURUSD had corrected as expected, not too close to 1.1770. It seems that the US government shutdown did not have much of an impact on the US dollar.
Given that EURUSD fell after the above news regarding France, it seems that the market is getting tired of the US and Trump. Perhaps the attention has turned back to the Eurozone and EURUSD could fall more this time than we expect.
You may find more details in the chart!
Thank you and Good Luck! -
EURUSD Could Deteriorate Further
France’s new Prime Minister, Sebastien Lecornu, resigned on Monday, just hours after naming his new cabinet.
His resignation was sudden and unprecedented, and marked another major deepening of France’s political crisis.
On the other hand, according to our previous analysis, EURUSD had corrected as expected, not too close to 1.1770. It seems that the US government shutdown did not have much of an impact on the US dollar.
Given that EURUSD fell after the above news regarding France, it seems that the market is getting tired of the US and Trump. Perhaps the attention has turned back to the Eurozone and EURUSD could fall more this time than we expect.
You may find more details in the chart!
Thank you and Good Luck!
#EURUSD- Posted on 06-Oct-2025 
Target- Reached
