EUR/USD Price Analysis: Bears eye a break of 1.0960s for prospects of fresh cycle lows By ross_burland EURUSD Technical Analysis
As illustrated, the price is correcting the last bearish impulse and bears are moving in.EUR/USD has broken below trendline support but has since formed a sideways channel following a restest of the counter trendline. The bears will need to break support at which point, there will be prospects of a downside continuation and fresh cycle lows.
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