ALB Limited 14.09.2020

Chart of the Day EUR/USD Will the Bulls continue ?

The dollar edged lower in early European trade Monday, with positive news surrounding a potential vaccine helping the market take on more risk. However, ranges are likely to be tight ahead of this week’s Federal Reserve meeting, which in turn is helping the Euro to keeps its bulls on track to test the highs of 1st September.

Price action on EURUSD suggest a potential move up as it got the bounce from the trend line back on Thursday last week & with no major news scheduled today we might see further upside on the pair today.

Tags: Chart of the Day, EURUSD, Euro

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