The abbreviation of speculative sentiment index is SSI. For example, Europe and America.
Although the RSI of EUR/USD continues to give oversold signals, we believe that EUR will continue to fall until RSI returns above 30. Technically, the resistance area below the euro is 1.2640-50, which is the 23.6% Fibonacci retracement formed by the high point in 2009 and the low point of 10, and the resistance below is 1.2623. However, given that the European Central Bank has not expressed any intention to help debtor countries, market sentiment may still push the euro to accelerate its decline in the future. In addition, the European Central Bank also intends to normalize monetary policy, because at present, the previous easing measures have actually contributed very little to the euro zone crisis, and it is almost an indisputable fact that the euro zone continues to decline, which means that the euro/dollar is still basically negative.