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EURUSD technical analysis

EURUSD

The pair is below 1.1880. It may continue to rise as Treasury yields continue to correct downwards on the American bond market.

Technical side:

The price is above the middle Bollinger band, above SMA 5 and SMA 14. The relative RSI is in the overbought zone. Stoch are turning down again in the overbought zone.

EURUSD rate online: monitor the price movement in real time.

Trading idea:

If the pair holds above 1.1880, it is likely to resume growth towards 1.1985.

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