Technical Analysis – EURUSD posts neutral to bullish bias in short-term timeframe

EURUSD has a neutral to bullish bias in the very short-term timeframe as it struggled within the 38.2% and the 50.0% Fibonacci retracement levels with high at 1.1960 and low at 1.1716. During yesterday’s trading session, the common currency pair penetrated above the descending trend line that was holding since December 1st, on the 1-hour chart, and hit the 1.1843 […]