The single currency of the European Union region fell during the Asian session to see its eighth session rebound from its highest level since February 4 against the US dollar on the eve of economic developments and data expected on Tuesday by the Eurozone economies and the US economy, the …
The Australian dollar fluctuated in a tight range slipping into the Asian session against the US dollar following the economic developments and data that followed it on the Australian economy and on the brink of the decisions and directions of the Reserve Bank of Australia in addition to the developments …
EURUSD
The pair is consolidating below 1.1240. It may continue falling if today’s PMI data in eurozone indicates decline again.
The price is below the middle Bollinger band, above SMA 5 and SMA 14. RSI is below the level of 50% and indicates weaker growth. Stoch are rising.
Trading recommendations: …
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