EUR/USD: Recovery attempts likely to remain as technical corrections EURUSD
“The short-term technicalsuggests that the stays extremely oversold and the improving market mood suggests that the pair could extend its recovery. However, the underlying factors weighing on the pair remain in place, suggesting that recovery attempts are likely to remain as technical corrections.”
“On the downside, a four-hour close below 0.9900 could open the door for an extended slide toward 0.9870 and 0.9800 .”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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