Thursday, 30 July 2020

EUR/USD Rate Forecast: Extreme RSI Reading in Focus Going Into August

The extreme reading in the Relative Strength Index (RSI) warns of a further appreciation in EUR/USD like the behavior seen in June.

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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...