Indicator analysis. Daily review on EUR / USD for May 22, 2020

Trend analysis (Fig. 1). Today, the downward trend may continue from the level of 1.0952 (closing of yesterday’s candle) with the target of 1.0917 – a 38.2% retracement level (presented in a red dashed line). From this level, the price may begin to move upward with the target at the upper fractal 1.1009 (presented in […]