Tag Archives: EURUSD

Bulls in control, focus on German and American GDP

EUR / USD bias remains bullish, but RSI signals overbought conditions. A pullback can be seen if the German second quarter GDP shows a larger-than-expected contraction. While the path of least resistance for the EUR / USD is on the higher side, the currency pair appears overbought and may suffer …

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EUR / USD still has power to continue the rally

The dollar is extending its fall on Monday, resulting in EUR / USD hitting 1.1764 during European business hours. Currently, the pair is trading in the 1.1740 price zone, barely declining from the mentioned high in several months despite being overbought, but with no technical signs of upward exhaustion, reports …

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