{video}EURUSD is easing from last week’s the nine-month high of 1.0930, remaining within the upward sloping channel and well above the short-term simple moving averages (SMAs). Technically, the MACD oscillator is falling beneath its trigger line in the bullish region, while the RSI is flattening beneath the 70 level, suggesting the momentum is weakening. Further losses should see the 20-day SMA at 1.0780 acting as a major support ahead of the 1.0740 support level and the lower boundary of the channel at 1.0680. A drop below the 50-day SMA at 1.0630 would reinforce the bearish structure in the medium term and open the ... (full story)