By IFCMarkets
Euro-zone GDP estimate downgrade bearish for EURUSD
ECB downgraded euro-zone outlook for real GDP growth in its Economic Bulletin for 2019 and 2020: to 1.1% in 2019 and 1.2% in 2020. Will the EURUSD continue falling?
On 1-hour timeframe EURUSD: H1 is in downtrend, but the RSI has formed a bullish divergence.
| Order | Buy |
| Buy stop | Above 1.0964 |
| Stop loss | Below 1.0944 |
Market Analysis provided by IFCMarkets