Eurusd Chart Technical Analysis – April 2020


In this page, we study Eurusd using a lot of technical analysis indicators and strategies.

Eurusd Analysis using RSI Indicator

Today we analyze the Eurusd Forex Chart, using Relative Strength Index (RSI Indicator). The dollar has been very strong in the past few days and EurUsd has fallen sharply.

We can search for a sell signal near the 1.0900 area but only when the RSI has crossed the 50 lines.

Eurusd analysis with RSI March 2020

EurUsd has given us the signal of exceeding the Relative Strength Index level 50 well beyond 1.0900.

But in the end, it went well, the plan must always be respected!

Eurusd short position March 2020

This article is only for educational purposes. Don’t trade with real money. Use only paper money account to learn the market rules. Please read the Disclaimer.Opens in a new tab.

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