EUR/USD prices have experienced a strong decline during recent trading sessions, breaking below the levels of the ascending trend on the four-hour timeframe. If the price remains below these levels at 1.0990 and holds below it, there will be a strong selling opportunity with targets reaching 1.0940 as the first objective. However, if it manages to break above and close above this level again, an upward movement would be more likely.
Technical analysis of EUR/USD
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