EURUSD has been underperforming in the past two days, failing to extend its gains to the upside. The pair has been developing within a symmetrical triangle since February in the short- to medium-term timeframe, while the price lacks a clear trend. In the longer-term, the single currency has been developing in an ascending movement against the greenback over the last year. Looking at the daily timeframe, prices are holding above the 20- and 40-simple moving average (SMA), which are flattening near the 1.2320 price level. The RSI indicator is holding slightly above the threshold of 50, while the MACD oscillator remains ... (full story)