Foreign Exchange Market Commentary
EUR/USD closed higher due to short covering on Friday as it consolidates some of the decline off December's high. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are oversold but remain neutral to bearish signalling that sideways to lower prices...
http://www.actionforex.com/technical-analysis/daily-forex-technicals/foreign-exchange-market-commentary-20100329109836/