This article was first published on FXTM Global.
- -
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
- -


The Euro remains trapped in a fierce battle against an unyielding Dollar with prices trading marginally below 1.1250 as of writing.Over the past few days, the EURUSD has displayed explosive levels of volatility thanks to conflicting market themes and sharp swings in investor sentiment. With the Dollar finding renewed support from new coronavirus outbreaks in Beijing and rising geopolitical tensions, the Euro is poised to extend losses against the Greenback.On the hourly timeframe, the head and shoulders technical pattern is bearish and suggests a move towards 1.1220 and 1.1180,... Read More


--
To keep reading this article, please navigate to: FXTM Global.

Tagged on: