KQMarkets

EURUSD - Neutral Below Key Resistance

FOREXCOM:EURUSD   Euro / U.S. Dollar
We still hold a neutral view on EURUSD as the currency pair has been showing some short term weakness in it's attempts to rise above key resistance above 1.18. Additionally, the continued impact of the coronavirus on the Eurozone economy and US stimulus could put downtrend pressure on the currency pair therefore for the moment we hold a neutral view.

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