EUR/USD trading further increased following last week’s gain of 0.35% to current growth. The pair is standing at 1.13469
The EUR might remain on the weaker side, depending on the central bank’s possible shift in policy stance. However, the EUR’s downside is limited should the US release unfavorable trade news.
However The rate lose momentum during the trend setback. In regards about RSI, its moving in neutral . I suggest to wait the cross break Moving average to find the best entry point to buy or sell the pairs.
The EUR might remain on the weaker side, depending on the central bank’s possible shift in policy stance. However, the EUR’s downside is limited should the US release unfavorable trade news.
However The rate lose momentum during the trend setback. In regards about RSI, its moving in neutral . I suggest to wait the cross break Moving average to find the best entry point to buy or sell the pairs.