We start another week in the currency markets, after ending the previous week on 4/13 with USD strength seen across the board. The daily EUR/USD chart shows the market stopping the rally near 1.32, and starting the 4/16 Asian trading session falling below last week’s low near 1.3025, and about to test the 1.2970-1.30 support zone. Bears are not cleared yet, as the daily chart still shows the RSI above 40, without a  convincing break or a triangle. However, price action failing to reach triangle resistance and falling from close to the middle of the triangle shows that bears have more control within this ... (full story)