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Daily Market Analysis 17|04|2020: EURUSD

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Intraday: Bearish

* Technical Analysis

* Preference: 
A sell is in order if price trades below 1.08480 with take profit at 1.08433

* Alternative scenario: 
Buy once price trades below 1.08570 with take profit at 1.08630

* Fundamentals:
IMF Meetings 
Eur: Trade Balance 
Final CPI 
Final Core CPI
USA: CB learning Index 

Comment: The greenback is currently basking in sentiments given that they have started disbursement of the stimulus funds to citizens amid the pandemic while the Eurozone has effected new lockdown extensions which has almost crippled the Eurozone for now. 

Analysis: SCRUM Team

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