Euro/dollar is oversold according to the Relative Strength Index (RSI) on the four-hour chart, which is significnatly below 30. That indicates a bounce. Other indicators such as Simple Moving Averages (SMAs) are bearish
Immediate support awaits at 1.1590, which was Wednesday's trough, and the lowest since November 2020. It is followed by 1.1550 and 1.15, levels recorded a year ago.#EUR/USD##外汇市场影响因素##中国将推出外汇期权##技术分析的优缺点##insightsboard##Todayanalysis#
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