EURUSD Plays Defense Bear Overbought Conditions

<p>EURUSD has experienced significant gains in the past 10 days, smashing its recent resistance levels and posting a fresh 17-month peak last Friday. However, it seems that the bulls cannot extend the recent rally as the pair has approached overbought conditions. The momentum indicators currently suggest that the recent rally could be overstretched. Specifically, the MACD is [&#8230;]</p>
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