The new week for EURUSD has not seen much volatility, with trading revolving around the price range of 1.068. However, the currency pair still favors a downward trend, with the possibility of breaking through the current support level and finding its way to the lower support area around 1.055, indicated by the trendline. As long as this currency pair continues to trade below the 1.07x level, there will still be pressure for further price decline.
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