Trendline: The EUR/USD has stormed back from the 3/14 session low of 1.2910 and is testing a falling trendline in the early 3/15 US session. This falling trendline goes back to the beginning of the latest down trend from February’s 1.3710 high. A break above a resistance pivot of 1.3075 would clear above the trendline and neutralize the bearish outlook since Feb. Momentum: In the 4H chart, the RSI has held under 60 since bearish momentum was established. If it gets pulled above 60, it reflects loss of a persistent bearish momentum since Feb. 1.3160: The next key resistance pivot above 1.3075 will be 1.3160. A break ... (full story)