Wednesday, 12 February 2020

Euro Outlook Bearish as EUR/CHF Approaches 5-Year Low

EUR/CHF is on the verge of testing a five-year low with risks of further losses if the pair shatters key support. However, positive RSI divergence may be hinting at a recovery ahead.

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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...