EUR/USD analysis for May 28, 2020 – Downside rotation towards the level of 1.0960 very possible. Watch for the downside opportunities
Corona virus summary: European investment slashed Technical analysis: EUR/USD has been trading sideways at the price of 1,1007. I see further downside rotation due to overbought condition and rejection fo the resistance at 1,1007. Trading recommendation: Watch for selling opportunities on the rallies, The downward targets are set at the price of 1,0960 and 1,0935. […]
