The EUR/USD currency pair is in a downtrend on the 4-hour timeframe and is currently fluctuating between two key support and resistance levels.
Key Levels:
1.0449 Resistance:
This level acts as a short-term ceiling to prevent further price increases. If this level is not broken, selling pressure could intensify the downtrend.
Key Levels:
1.0449 Resistance:
This level acts as a short-term ceiling to prevent further price increases. If this level is not broken, selling pressure could intensify the downtrend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.