The Euro is enjoying a brief respite from the losses sustained against the US Dollar for the majority of this year. However, whether this upswing will continue or if it is corrective within a broader downtrend remains to be seen. Here’s what some of the DailyFX analysts think: David Song, Currency Analyst EUR/USD’s failure to test the August-low of 1.1301 may signal near-term bullish price action, according to Currency Analyst David Song. In addition, positive RSI divergence breaking out of a bearish formation in September may point towards a rally. A daily close above the 38.2% expansion at 1.1510 could indicate a ... (full story)