The EUR/USD pair struggles to capitalize on the previous day's modest gains and attracts fresh sellers in the vicinity of the 1.0800 round-figure mark during the Asian session on Tuesday. Spot prices, meanwhile, remain well within the striking distance of over a two-month low, around the 1.0765 region touched in July and seem vulnerable below a technically significant 200-day Simple Moving Average (SMA). The negative outlook for the EUR/USD pair is reinforced by the fact that oscillators on the daily chart are holding deep in the bearish territory and are still far from being in the oversold zone. Apart from this, ... (full story)