EUR/USD: Are Bulls Still In Control? Highly Uncertain Non-Farm Payrolls To Determine
August 07, 2020 at 04:58 AM EDT
Euro/dollar is trading above the 50, 100, and 200 Simple Moving Averages on the four-hour chart, and benefits from upside momentum. The Relative Strength Index has moved away from the 70 level – further away from overbought conditions.