As the corona virus cases surging in European region the stocks and indices are falling down and the investors are selling off their portfolios
*Recently the Euro got more weakness due to this And ECB is trying to provide additional stimulus package to cop up with the outbreak
*EURUSD is trading in a downtrend channel After reaching the 1.09781 level which is also a 61.8% Fibonacci its started falling towards 1.09100 which is 78.6% Fibonacci
*Currently this 78.6% Fibonacci is acting as barrier for the bull