Meanwhile euro and other currencies are trading higher after four of the world’s leading central banks have further scaled back the US dollar liquidity they offer via emergency swap lines with the Federal Reserve, in the latest illustration of the global financial system’s recovery from the market panic caused by corona virus earlier this year.
TREND : WEAK BULLISH
Time : 21/08/2020
Pivot : 1.1853
Technical View : LONG ABOVE 1.1873
Target : 1.1893, 1.1901, 1.1921, 1.1962
Technical View : SHORT BELOW 1.1833
Target : 1.1813, 1.1785, 1.1763