EUR

EUR/USD Price Forecast: Bulls test 1.1700 as RSI turns overbought

EUR/USD heads for a fourth consecutive weekly gain on Friday, although it has erased its earlier intraday advance. At the time of writing, the pair trades around 1.1682 after briefly rising above 1.1700, its highest level since May 14. Strategists at Scotiabank note that the “solid gains in the EUR this week largely reflect a broadly lower USD.” […]

by Currency Hedger

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• 1 month ago