Technical Analysis – EURUSD revives bear trend at fresh 28-month lows

EURUSD followed a series of bearish days after failing to breach the descending trend-line drawn from the 1.1411 peak, with the price dropping forcefully below the 1.1065 key support and into 1.1000-1.0950 restrictive area. The fast-Stochastics have entered the oversold zone, while the RSI is ready to challenge its 30 oversold mark too, an indication that the […]