EURTRY reached an all-time high near the 4.8700 handleon Tuesdayas the price extended its bullish run after it jumped above the 4.7350 key level. The bullish picture in themedium-term has been holding since February 2017 and is further supportedby the technical indicators. Short-term momentum indicators are also pointing to the bullish bias. The RSI indicator is sloping to the upside and is approaching the overbought zone while the MACD oscillator surpassed the trigger line but is moving with weak momentum. Should prices reverse lower, immediate support could come at 4.7350, which is near the 20-day simple moving ... (full story)