- EUR/USD has moved 0.60% higher as it edges higher towards the 1.12 area.
- The RSI is now well into overbought levels and 1.1180 was used as a resistance in the past.
EUR/USD Daily Chart
EUR/USD is pushing with some strength in holiday trade.
It seems that traders see the protectionist trade unwinding as Trump and Xi get closer to signing a deal.
The resistance levels above are at 1.1180 and 1.120.
The moving averages are also diverging once again.
Lastly, the RSI is moving into extreme overbought levels.
Additional Levels