Euro / U.S. Dollar
Short

Short

71
Fundamental:
-ECB will have to keep interest rates “very low” and liquidity “very abundant”, Villeroy (governor of the Bank of France)
- German IFO business climate index, Economists are expecting a drop to 77.2 in April from 86.1 in March
-. IMF forecasts the euro zone economy is expected to shrink by 7.5%
-. Italy and Spain, GDP is set to contract by 9.1% and 8%, respectively
-Trump unveils three-phase plan for states to reopen amid coronavirus pandemic

technical
-. EURUSD in down channel
-. break support

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