23.04.2020
The pair remains under pressure in anticipation of the final EU economic support decision. If no effective support measures are taken, expect the further decline of the pair.
Technical side:
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the 50% level and is declining. Stoch entered the oversold zone.
Trading recommendations:
Sell the pair with probable local targets of 1.0770, and then 1.0715.
EURUSD rate online: monitor the movement of the pair in real time
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