Hello, what's your take on EURUSD?
Currently, this currency pair is experiencing a sideways movement, constrained below the resistance level of 1.074.
From the 2-hour chart, the downward trend is expected to continue as the combination of the 34 and 89 EMAs along with the RSI favors the bears at this moment.
I anticipate that after a short-term upward correction, the price will likely break out and decline further. What about you? What are your thoughts?
Currently, this currency pair is experiencing a sideways movement, constrained below the resistance level of 1.074.
From the 2-hour chart, the downward trend is expected to continue as the combination of the 34 and 89 EMAs along with the RSI favors the bears at this moment.
I anticipate that after a short-term upward correction, the price will likely break out and decline further. What about you? What are your thoughts?
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