Monday, 31 August 2020

Euro Rate Outlook: RSI Indicator to Validate EUR/USD Breakout

The RSI may help to validate a near-term breakout in EUR/USD as the indicator threatens the downward trend established in August and approaches overbought territory.

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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...