EUR/USD Selloff – A look at Momentum and Trendline

Sell-off: The market is selling EUR/USD to start the week. From last Friday’s (2/1) high of 1.3710, EUR/USD has slid to almost 1.3550 by the beginning of the 2/4 US session. This took out Friday’s low and into a minor consolidation range we saw last week. Momentum: The 1H RSI fell below 40, showing…

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EUR/USD Selloff – A look at Momentum and Trendline

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