Technical Analysis – EURUSD trapped under resistance trend-line

EURUSD managed to quickly recover from 28-month lows last week but once again the bulls did not have the strength to close above the down-trending line drawn from the 1.1411 peak. The short-term bias is now looking neutral-to-bearish as the RSI eases momentum marginally below its 50 neutral mark and the red Tenkan-sen is stabilizing well under […]