Overview of the EUR/USD pair. May 7. The ECB may not be able to stimulate the European economy, which will lead to the bankruptcy

4-hour timeframe Technical details: Higher linear regression channel: direction – downward. Lower linear regression channel: direction – downward. Moving average (20; smoothed) – downward. CCI: -116.6766 The EUR/USD currency pair starts in a continuing downward movement on Thursday, May 7. Thus, the trend for the pair remains downward, but all the downward movement can end […]