EUR/USD | Euro to US Dollar Trading Analysis

EUR/USD | Euro to US Dollar Trading Analysis

Written by: PaxForex analytics dept - Monday, 18 May 2020 0 comments

"April figures do not allow us to hope for the best," said the German Ministry of Economy, commenting on the GDP decline for the 1st quarter. Published data reflected a decline of 2.2%, according to forecasts, but the figure is better than the average for European countries. The EUR/USD currency pair remains above 1.08.

EUR/USD, 30 min

Pivot: 1.0817