EURUSD has been creating one of the strongest bullish rollercoasters of the last couple months, recording a new 22-month high above the 1.1700 handle at 1.1723. According to the technical indicators, the MACD is strengthening its upside tendency well above its trigger and zero lines, while the RSI is hovering in the overbought territory with strong momentum, however, negative correction may be on cards in the near future. In case of steeper increases, the price could open the door for the 1.1815 – 1.1840 resistance area, taken from the highs on September and June 2018. More gains could lead the pair towards the ... (full story)