Low inflation bearish for EURUSD
Euro-zone August inflation was confirmed at flash reading of 1% over year, below the 2% central bank target. Will the EURUSD continue falling?
On 1-hour timeframe EURUSD: H1 is in downtrend. The price is testing the 200-period moving average MA(200).
Technical Analysis Summary
| Order | Sell |
| Sell stop | Below 1.1036 |
| Stop loss | Above 1.1068 |