Currency Majors Technical Perspective
EUR/USD Current price: 1.3551 Bearish momentum persist in the pair, despite hourly indicators are showing some oversold conditions. With 20 SMA crossing 200 EMA well above current price, and general pessimism about euro recovery, upside should remain quite limited today, despite a corrective movement should not be discarded. 1.3680 area has turn into our first strong resistance level to watch, while a break under today’s low, around 1.3530, should signal further downside pressure to come and