There is some lull on the news. The US economy is in strong shape and the epidemic in China seems to be slowing down.
The first meetings of the main Central Bank already took place. Somehow, everything was more / less settled.
Time to look at the picture.
EURUSD: Market conditions.
We see a long fall in the euro. A slight acceleration after the break of 1.0990 and then down.
Trend? This question will become clear in case of a break below the level of 1.0880 and closing of the day below.
Another possible option: Before the decline down to 1.0880 there will be a strong rebound up towards 1.0990 and then followed by a break down.
We keep sales from 1.0990 and stop at 1.1035.
