EUR-USD

The price of this currency pair is currently moving on the H1 chart around an important support price level. After rebounding from a key resistance level, the price fell and made several new lower highs, indicating selling pressure. Now, in our opinion, testing the support level and breaking below it and continuing to make new lower highs below the short-term trend line is very likely. The target price is placed slightly before the next support level.
Trend Analysis

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