EUR/USD: Buy The Biden Rumor, Sell The Fact? Overbought Conditions, COVID, May Weigh
November 09, 2020 at 05:02 AM EST
Euro/dollar is tackling an uptrend resistance line that it lost in late October, and may struggle o recapture it. The Relative Strength Index on the four-hour chart is at 70 – indicating overbought conditions.