March carved out a third consecutive loss, extending the 2021 retracement slide by 2.8 percent. Recent underperformance, as you can see, pulled EUR/USD into the upper range of demand at 1.1857/1.1352. April’s 1.5 percent rebound thus far, however, shifts attention to the possibility of fresh 2021 peaks and a test of ascending resistance (prior support – 1.1641). Extending lower, on the other hand, shines the technical spotlight on trendline resistance-turned support, taken from the high 1.6038. In terms of trend, the primary uptrend has been underway since price broke the 1.1714 high (Aug 2015) in July 2017. Daily ... (full story)