Technical Analysis – EURUSD in quarantine between key borders; trend signals improving

EURUSD is congested between the 1.1050 and 1.1220 borders formed by the 61.8% and 38.2% Fibonacci retracements levels of the 1.0777-1.1495 upleg after last week’s free-fall. From a technical point of view, the rising RSI indicates that the pair could recoup some lost ground in the short-term, though with the MACD keep decelerating below its […]