Euro / U.S. DollarUpdated EUR/USD hits fresh six-month lows near 1.0550
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Currently, the EUR/USD is holding below 1.0550, with the US dollar remaining stable and benefiting from risk aversion, maintaining downward pressure on this currency pair.
The EUR/USD exchange rate briefly traded at 1.0600 but quickly declined. The pair reached a low of 1.0561. The 4-hour chart indicates a downward trend, and the pair continues to search for support. As long as the pair remains below 1.0735, the negative trend will persist.
Currently, the EUR/USD is holding below 1.0550, with the US dollar remaining stable and benefiting from risk aversion, maintaining downward pressure on this currency pair.
The EUR/USD exchange rate briefly traded at 1.0600 but quickly declined. The pair reached a low of 1.0561. The 4-hour chart indicates a downward trend, and the pair continues to search for support. As long as the pair remains below 1.0735, the negative trend will persist.
Note
Note
You can refer to USD/JPY news from BrianNote
EU is showing the first bearish candle
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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.