EUR/USD Price Analysis: Technical outlook
The EUR/USD is forming a ‘bullish harami’ candle pattern that would need buyers to reclaim the March 22 high of 1.0868, so they could be poised to challenge 1.0900. Nevertheless, the Relative Strength Index (RSI) stills in bearish territory despite aiming slightly up, while the key 200-DMA caps the pair’s advance. If sellers moved in and dragged prices below last week’s 1.0806, that can expose 1.0800, followed by the February 14 low of 1.0694
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