简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:EUR/USD takes offers near 1.2065, down 0.10% intraday. In doing so, the currency pair drops to the fresh low since early December 2020 while stretching Friday’s downside break of 50-day SMA.
EUR/USD takes offers near 1.2065, down 0.10% intraday. In doing so, the currency pair drops to the fresh low since early December 2020 while stretching Fridays downside break of 50-day SMA.
In addition to the successful break below 50-day SMA, descending RSI line, which is far from oversold conditions, also back the EUR/USD bears in attacking 38.2% Fibonacci retracement of an upside from November 2020 to the monthly high.
During the EUR/USD upside beyond 1.2130, the previous months top near 1.2310 and the monthly peak surrounding 1.2350 can lure the bulls.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.