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Published at: June 29, 2020 at 11:15PM
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The Relative Strength Index (RSI) may validate the bull flag formation in EUR/USD if the oscillator continues to track the bullish trend from earlier this year.
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The British Pound, US Dollar and Australian Dollar may experience higher-than-usual volatility ahead of a plethora of cross-continental geopolitical risks amid a spike in Covid-19 cases.
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Wall Street equities had a decent rebound last night, setting an upbeat tone for Asia’s opening. Traders are eyeing a string of PMI readings from China for clues into Asia’s recovery.
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The USD/CAD reversal from the March low (1.3315) may continue to evolve in July as the RSI breaks out of the bearish trend carried over from the previous month.
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Educ Arte Económico 