Bullish: The EUR/USD has been bullish so far in December, coming off the most recent bull run that started mid Nov. from 1.2660.The most recent leg of this rally was from last Thursday (11/28) to today (12/5) from 1.2880 to 1.3126. Retracement: The 11/5 European session traded the EUR/USD down below 1.31, around 1.3065 as the market gears up for the 11/5 US session. This retracement has some more room before meeting a rising trendline probably around 1.3050 if the EUR/USD indeed falls further in the next couple of hours. Holding price above the 1.3050 and the RSI above 40 (given some brief elbow room), would be a ... (full story)