Next targets:
1.15378: the 38.2% retracement of the May–July rally and a key target on a further breakdown
On the 5-minute chart, the falling 100-bar moving average — currently around 1.16475 and declining — also defines a short-term risk level. Even if the price moves above the 1.16309, getting and staying below the 100 bar MA on the 5-minute chart is more bearish. Note that the MA is moving quickly to the downside, so it will be approaching the 1.1630 level soon.
This article was written by Greg Michalowski at investinglive.com.Hence then, the article about eurusd keeps running the trend lower continues was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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