Friday, 30 April 2021

EUR/USD Breakout Stalls as RSI Reveres Ahead of Overbought Territory

EUR/USD appears to be reversing course ahead of the February high (1.2243) as the Relative Strength Index (RSI) pulls back ahead of overbought territory.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...