forexanakysis
Member
In terms of technical analysis, the EUR/USD pair is currently trading below its 50-day moving average (MA), which is a bearish sign. Additionally, the Relative Strength Index (RSI) is also showing a bearish divergence, indicating that the momentum is weakening. If the pair continues to trade below the 50-day MA, it could test the next support level at 1.2250.
Forex Account Analytics Tool - Trading Performance Analysis - Systematic Forex Currency Strategy Tool - AnalyticsTrade
Analytics Trade is an automated trading tool designed by professionals to help traders improve their skills. Check out our Trading Account Analysis Tool now!
analyticstrade.com
