EUR/USD Rate Eyes 2017 Low as Bear Flag Formation Unfolds - DailyFX
5/12/2022 12:00:00 AM2 years 11 months ago
by David Song
by David Song
EUR/USD is on the cusp of testing the 2017 low (1.0340) as a bear flag formation unfolds, with the decline in the exchange rate pushing the RSI back below 30.
EUR/USD Rate Talking Points EUR/USD trades to a fresh yearly low (1.0354) as a bear flag formation unfolds, and the oversold reading in the Relative Strength Index (RSI) is likely to accompany a fur… [+3657 chars]
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