EURUSD Sellers put on hold at 1.08000
Updated
Bears failed to push past 1.08000(March low). This will act as support in the future. Monthly RSI is reading (38.72) suggesting that we are in an oversold position and buyers are getting in. If 1.08000 holds during the next retest then we will be looking forward to a reversal. Targets 1.22544
Comment
This pair is struggling to close above the trendlines, buyers are getting in and buying pressure is being felt
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