EUR/USD shakes off downwards trendline but buyers lack conviction to break higher - ConsultFX

EUR/USD shakes off downwards trendline but buyers lack conviction to break higher

Price continues to hug the 1.1550 level ForexLive In US trading overnight, buyers managed to break above the downwards trendline from last week that has been helping aid sellers in the pair's march lower. However, since then price has remained in a consolidative phase for the most part with the dollar index still holding up.