EUR/USD: Correction time? Overbought Conditions And ECB Uncertainty May Trigger A Downfall
May 10, 2021 at 04:41 AM EDT
The EUR/USD pair has failed to recapture the uptrend support line that accompanied until late April, another bearish sign. On the other hand, it benefits from upside momentum and trades above the 50, 100 and 200 SMAs.