Wednesday, 2 September 2020

EUR/USD Outlook: RSI Reverses from Trendline Resistance Ahead of NFP

EUR/USD may face a larger pullback ahead of the US NFP report as the RSI reverses from trendline resistance to preserve the bearish formation established 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...