Short

EUR/USD holds below 1.1500, eyes on 1.1450
The pair was testing the 1.1580/70 (50-period SMA, static level) support area and additional losses could be witnessed if this area turns into resistance.
The first hurdle aligns at 1.1600, where the 100-period and 200-period SMAs collide. 1.1620 (static level) and 1.1650 (static level) could limit the pair's upside in the short term.
Trend Analysisuklee

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