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May 13, 2020
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🔸 DAILY CHART EXPLANATION: . . 🔸 Price made a strong upside move that broke the Descending Trendline. . 🔸 At this level it can bounce and make a corrective move towards the 0.85500 Zone. . 🔸 If the level can not hold the price, then the bullish impulse could continue towards the Weekly Descending Trendline. . 🔸 Will look for a lower timeframe setup. Live quotes, stock charts and expert trading ideas. TradingView is a social network for traders and investors on Stock, Futures and Forex markets! EUR/GBP was trading 0.12% lower on the day at 0.8945 at around 09:50 GMT. The pair is extending weakness for the 3rd straight session after failure to extend gains above 0.90 handle. Price action Markets would be observing the effectiveness of the RBA’s QE program and yield target. A fair level for 3yr swap rates would be around 0.40%, but pandemic-related volatility will result in a FxWirePro™ is a leading financial analysis company providing real time research to FX and cryptocurrency participants around the world FxWirePro: NZD/USD struggles for clear direction, downside pauses at 55-EMA support Posted by: NZD Editor in NZD 13 days ago Trading View NZD/USD was trading largely unchanged on the day at 0.6090