EURUSD is struggling to gain buying interest after the deep fall towards the key 1.1100 support mark – the lowest in more than two years. The negative momentum in the MACD, which is far below the zero and trigger lines, suggests that the bearish sentiment is likely to stay in the short-term. Yet in the very short-term, upside corrections cannot be ruled out as the fast stochastics have already posted a bullish cross in oversold zone, while the price itself has been repeatedly testing the lower Bollinger band over the past week, calling for a rebound as well. On the way up, the bulls could initially pause around the ... (full story)