The Russian parliament, the State Duma, is considering imposing administrative responsibility for the extraction of cryptocurrencies, as reported by the local press agency TASS.

The EUR/USD pair did not move much as the bulls have pushed the price a little bit higher again and now are consolidating the recent gains. Nevertheless, there is a clear bearish divergence between the price and momentum oscillator in overbought market conditions, so traders should expect a sudden spike down.

The EUR/USD pair has made another higher high on its way up and the last one was made at the level of 1.1347, just below the technical resistance at the level of 1.1361. Nevertheless, there is a clear bearish divergence between the price and momentum oscillator in overbought market conditions.

The EUR/USD has bulls has made another rally attempt overnight and made a marginally higher high at the level of 1.1307, but the rally did not last long and it was faded quickly.