Will Euro vs USD Resume Bearish Value Motion ?
Euro vs US Greenback Technical Outlook
On Wednesday, EUR/USD rallied and neared the 1.0900 deal with. Nonetheless, the worth declined and erased all of these features. On Friday, the weekly candlestick closed with a Doji sample reflecting the market’s indecision at this level.
Alongside that, the Relative Energy Index (RSI) remained flat under 50, highlighting a paused bearish momentum.
EUR/USD DAILY PRICE CHART (SEP 1, 2018 – Could 18, 2020) Zoomed Out
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EUR/USD DAILY PRICE CHART ( FEB 11 – Could 18, 2020) Zoomed IN
Primarily based on the each day…