EUR/USD has broken below the key 1.1300 support, confirming a continuation of the downtrend. RSI sits near oversold territory, and both moving averages are aligned downward. If the pair holds below 1.1300, the next targets are 1.1265 and 1.1240. Bulls would need a quick recovery above 1.1320 to regain any control. For now, sellers remain in charge as bearish momentum accelerates.
Read the full analysis: https://vantofx.com/currencies/eurusd-technical-analysis-breaks-below-1-1300/
Read the full analysis: https://vantofx.com/currencies/eurusd-technical-analysis-breaks-below-1-1300/
EUR/USD has broken below the key 1.1300 support, confirming a continuation of the downtrend. RSI sits near oversold territory, and both moving averages are aligned downward. If the pair holds below 1.1300, the next targets are 1.1265 and 1.1240. Bulls would need a quick recovery above 1.1320 to regain any control. For now, sellers remain in charge as bearish momentum accelerates.
👉 Read the full analysis: https://vantofx.com/currencies/eurusd-technical-analysis-breaks-below-1-1300/
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