Daily Market Analysis 22|05|2020: EURUSDMay 22, 2020 2020-05-22 10:27
Daily Market Analysis 22|05|2020: EURUSD
Sell position is envisaged if price trades below 1.09016 with take profit at 1.08836
Buy position is envisaged if price trades above 1.09260 with take profit at 1.09377
ECB Monetary Policy Meeting Accounts (EUR) 12:30 pm
Comment: The Greenback traded higher yesterday against an array of other currencies, the Euro inclusive and given that previous data released from the Eurozone has been very sluggish. The strength of the Euro will be dependent on the ECB Monetary Policy meeting reports today by 12:30 pm.
Analysis: SCRUM Team