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JasonTee92
Aug 28, 2020 3:48 AM

EURUSD Continues to Rally  Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD closed with the flat after a choppy NY. post-Fed session. The markets will be shifted the attention to the number of German and EU Consumer Climate. If the results are better than the market expectation, it may trigger the EURUSD to test the resistance level. However, investors should be keeping an eye on the number of Chicago PMI AUG and Michigan Consumer Sentiment SEP which will be released tonight. Upbeat the forecast could limit the upside potential of EURUSD.
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