By Jeremy Boulton — Dec 10 - 06:20 AM
Friday's rise to 1.0630 almost resulted in overbought situation
Top of 20-day Bollinger Bands was 1.0653 has dropped to 1.0623
On Tuesday EUR/USD sinks 1.0568-1.0524 EBS
Renewed weakness follows Death Cross on Nov 28 (55-DMA below 200-DMA)
Downside targets: 1.0293 and 1.0189
The euro may resume its long-term decline nL1N3NB09F
Source:
London Stock Exchange Group | Thomson Reuters