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EUR/USD to Consolidate Gains Ahead of ECB Meeting

posted by Avatar FXTimes 104 days ago in USD, EUR, Technical

After rallying from 1.3030 to 1.3280, the EUR/USD is seeing bearish divergence with the RSI in the 1H chart. Also it has been trading at the upper bollinger band (3 standard deviations from the 200 simple moving average). Along with anticipation of a risk-event in the ECB meeting tomorrow at 7:45 AM EST (12:45GMT), the EUR/USD is set to...
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