EUR/USD – Relief Rally Tests Short-term Trendline

Support: EUR/USD bounced off support as anticipated, off a couple of projected trendlines and the fact the 4H RSI was below 30. The oversold condition is now resolved and there was indeed some support pushing the pair up to 1.2918 during the 5/16 US session. Trendline: The RSI in the 4H chart is no…

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EUR/USD – Relief Rally Tests Short-term Trendline

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