Daily Market Analysis 27|05|2020: EURUSD

Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.09445 with take profit at 1.09251. Alternative scenario: Buy position is envisaged if price trades above 1.09687 with take profit at 1.09902. Fundamentals:8:30am    EUR    ECB President Lagarde Speaks  Comment: The decline could be associated with the worries about the US response to China’s proposed security …

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