USD: risk is making its way in?
Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
EUR/USD: price to test closest resistance
Information is not investment advice
There's a 'Shooting Star', which has been confirmed enough. It's likely to have a local upward correction towards the closest resistance at 1.1197 in the coming days. The subsequent pullback from this level could be a starting point for a decline towards another support at 1.1034. If any bullish pattern forms near this level, there'll be a moment to have an upward correction.
Galya Svetlova
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