Indicator analysis. Daily review on EUR / USD for May 8, 2020

Trend analysis (Fig. 1). Today, the downward trend is likely to continue from the level of 1.0861 – a 50% pullback level (presented in a blue dashed line) with a target at the lower fractal 1.0768 (presented in a red dashed line). Upon reaching this level, the price may continue to move downward with the […]