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EUR/USD Shows Little Reaction
Euro / U.S. Dollar
Short
EUR/USD Shows Little Reaction
By Bizintra
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May 25, 2020
4
May 25, 2020
EUR/USD saw little reaction as German IFO Business Climate Index beats estimates.
Escalating US-China tensions continue to make dollar’s safe-haven status more attractive.
The Euro is currently trying to recover this mornings losses as it makes it’s way back to 1.0910,
I’ll be looking for a drop off from this level.
Support: 1.0870 – 1.0850
Resistance: 1.0910 – 1.0928
Trend Analysis
Bizintra
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