Pair's failure to strengthen in Asia (EUR is a funding currency) despite risk-off followed by a drop to 1.0626 (100-DMA) coupled with a bearish RSI suggests the support at 1.0590 could be put to test. A daily close below the same would signal the rising trend from the low of 1.0341 has ended.
On the higher side, only a daily close above 1.0689 would revive bullishness.
On the higher side, only a daily close above 1.0689 would revive bullishness.
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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.