EUR/USD Review, May 25-29, 2020
25 May 2020
The currency pair developed its trendless fluctuations last week around 1.0870. The market is neutral until stronger drivers appear.
Eurozone’s PMIs were positive last week but had almost no impact on the market situation. US PMI was positive as well.
We expect EUR/USD to follow the same scenario this week, trendless fluctuations close to 1.0870. In the case of stronger drivers, the situation may change.
