EURUSD trying to matchup with the recent DOWNWARD trendline !!!
EUR/USD consolidates below 1.1300 amid firmer US dollar
EUR/USD remains on the defensive below 1.1300, slightly above the 16-month low of 1.1250 touched on Friday. Hawkish Fed expectations continued underpinning the greenback amid fresh European COVID-19 jitters. Oversold RSI holds bearish traders from placing fresh bets, though any recovery seems elusive.
EUR/USD consolidates below 1.1300 amid firmer US dollar
EUR/USD remains on the defensive below 1.1300, slightly above the 16-month low of 1.1250 touched on Friday. Hawkish Fed expectations continued underpinning the greenback amid fresh European COVID-19 jitters. Oversold RSI holds bearish traders from placing fresh bets, though any recovery seems elusive.