EUR/USD: Attack On 1.19? Vaccine Optimism Outweighs Grim Virus Reality (For Now)
November 16, 2020 at 03:51 AM EST
Euro/dollar is benefiting from upside momentum on the four-hour chart and trades above the 50, 100 and 200 Simple Moving Averages. The Relative Strength Index is just below 70 – thus outside overbought conditions.
