Technical Analysis – EURUSD remains above SMAs with weak momentum
EURUSD recovers somewhat above 1.0800 But MACD and RSI rebounds lose steam EURUSD recorded a stunning rally last week, surpassing the flat simple moving averages (SMAs) following the bounce off the medium-term tentative uptrend line. This week, though, the pair is on the backfoot and the technical indicators suggest that the market could ease a […]