Indicator analysis. Daily review on EUR / USD for May 4, 2020

Trend analysis (Fig. 1). Today, a downside pullback is possible from the level of 1.0984 (closing of the Friday afternoon candle) with the target of 1.0908 – a 38.2% retracement level (presented in a red dashed line). If this level is broken down, a continuous downward pullback is possible with the target of 1.0874 – […]