EUR/USD has drifted upward as markets stay cautious. One other down day in shares may enhance the safe-haven greenback, along with dovish ECB feedback. The four-hour chart reveals that the forex pair is close to overbought circumstances. Two steps ahead, one step again, and now one other upswing? Not so quick. Euro/greenback has benefited from some calm […]
The put up EUR/USD: Why the trail of least resistance is down, ranges to look at appeared first on Foreign exchange Crunch.