Wednesday, 6 July 2022

EUR/USD Falls Toward Parity as RSI Pushes into Oversold Territory

EUR/USD may fall towards parity as the Relative Strength Index (RSI) pushes into oversold territory for the fourth time this year.

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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...