April 2, 20200Comments

USD for April 2. Dollar Keeps Afloat Thanks to Relatively Good Statistics From the US

On April 1, the EUR / USD pair lost another 75 basis points, and thus, continued to build a prospective wave 2 as part of the future C. If this assumption is correct, then the quotes of the instrument may resume rising within the framework of wave 3 in C in the next few days.

by Jeff Wecker

Forex Analysis

April 1, 20200Comments

Analysis of EUR/USD and GBP/USD for April 1. Important Day for the American Currency.

On March 31, the EUR / USD pair lost only 10 basis points, although it fell 120 points during the day, to the level of 38.2% Fibonacci. However, an increase began closer to the close of trading on the day, which coincided with an unsuccessful attempt to break through the 38.2% Fibonacci level.

by Jeff Wecker

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