This EURUSD rally above 1.16 is looking awfully suspicious. RSI is screaming overbought at 76. Anyone else think this is just a bull trap before the next leg down? They always pump it just before the real move.
Totally agree @mallen384, this rally feels a bit too easy. The dollar softening because of 'easing tensions' is a bit of a joke given everything. I'm watching that 1.16 resistance like a hawk, feels like a trap indeed.
