The EUR/USD prices declined following positive news for the US dollar, reaching crucial and pivotal levels. If the pair continues to drop and breaks below the intersection of the ascending trendline and the support levels around 1.0955, holding below them, there will be a strong selling opportunity with targets at around 1.0875 as the initial goal. However, if the prices remain above these levels, any possibility of a decline will be invalidated.
EUR/USD Technical Analysis
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