Technical Analysis – EURUSD hovers near 4-month highs as EU summit extends

EURUSD continued to trade near four-month highs as EU leaders extended their recovery fund talks for another day on Monday. Previously, the pair shot northwards after breaking a bullish flag pattern on the upside, signaling the continuation of the positive trend. But resistance around 1.1450 is currently looking like a hurdle. Technically, there is some room for improvement as the upward-sloping […]