Sunday, 23 August 2020

EUR/USD Analysis: RSI Establishes Down Trend Ahead of Fed Symposium

Recent developments in the Relative Strength Index (RSI) warn of a potential shift in EUR/USD behavior as the indicator establishes a downward trend in August.

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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...