Skype: Signal2forex / Whatsapp: +79065178835
0$0.00

No products in the cart.

The euro recovers as traders wait for the ECB’s policy meeting later today. A rally above November’s high at 0.8590 has put the bulls back in the game. However, the RSI’s repeated venture into the overbought area has refrained buyers from chasing the momentum.

A drop below 0.8490 shows some weakness in the euro. A lack of support and a bearish MA cross may lead to an acceleration to the downside. 0.8460 would be the next target. The euro will need to reclaim 0.8550 to consolidate the rebound.

Share this product!

Do you want to start trade profitably?
Earn 50-300% monthly!