Technical Analysis – EURUSD stalls rally but remains bullish above 1.20

EURUSD remains steady in the near term after stalling a rally just under the key 1.2100 level. The overall outlook remains bullish as the 50-day and 200-day moving averages are bullishly aligned. Upside momentum has started to fade as prices struggle to rise past the 1.2091 peak that was hit in September 2017. The resistance […]