EUR/USD analysis for June 05, 2020 – Potential for the downside rotation due to overbought condiiton. First downside target
Corona virus summary: Technical analysis: EUR/USD has been trading upwards. The price tested and rejected of the level at 1,1365. I see potential for the downside rotation towards the levels at 1,12600 and 1,1195. Watch for potential selling opportunities due to the overbought condition on the 4H time-frame. The material has been provided by InstaForex […]