Technical Analysis – EURUSD neutral in near-term; bullish outlook intact
EURUSD is consolidating recent gains after a strong rally from the 1.1600 area to 1.1900. A neutral phase is expected in the near-term as the market became overextended and the daily RSI indicator is indicating momentum has weakened after reaching near overbought levels at 70. EURUSD is expected to be supported on dips at key […]