Wednesday, 14 November 2018

EUR/USD Rate Forecast: Weakness to Persist as RSI Extends Bearish Trend

EUR/USD attempts to retrace the decline from earlier this week, but recent developments in the Relative Strength Index (RSI) casts a bearish outlook for the exchange rate.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...