EUR/USD advances above 1.1050 amid trade optimism:

EUR/USD advances above 1.1050 amid trade optimism
EUR/USD is trading above 1.1050, extending its gains. The US and China held high-level talks over the weekend and hailed them as "constructive." Several ECB members speak today.

From the chat :the pair is a downward trend, buyers might still push up the price and later drop,if we see a breakout from the drop.......sellers will still push the price down.......