2020-04-11 17:38
Market analysisEUR/USD technical outlook
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Market analysis：
From a technical point of view, the EUR/USD pair, despite advancing, has held at the lower end of its previous weekly range. The market seems to be in its way to stabilise after the wild moves seen at the beginning of March when the pandemic crisis unfolded. The recovery seen these last few days, stalled at around the 38.2% of the latest daily advance measured between 1.0635 and 1.1147.
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EUR/USD technical outlook
Philippines | 2020-04-11 17:38From a technical point of view, the EUR/USD pair, despite advancing, has held at the lower end of its previous weekly range. The market seems to be in its way to stabilise after the wild moves seen at the beginning of March when the pandemic crisis unfolded. The recovery seen these last few days, stalled at around the 38.2% of the latest daily advance measured between 1.0635 and 1.1147.
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