EUR/USD Bouncing Off of Consolidation Trendline
The EUR/USD is finding support at a rising consolidation trendline that connects the low of 1.2042 low of 7/24 with the 1.2133 low of 8/2. The 1H chart shows a market losing momentum in the near-term as well, with the price-RSI reading showing a bullish divergence. The overall momentum has been...
FF News: Technical