Wednesday, 31 March 2021

Euro Forecast: EUR/USD Outlook Clouded by RSI Divergence

The Relative Strength Index (RSI) appears to be diverging with price as the weakness in EUR/USD fails to push the indicator into oversold 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...