EUR/USD Price Analysis: Bears lurking at critical daily resistance – by fx_ross EURUSD Technical Analysis
Hourly market structure is located at 1.0225 on the downside.in familiar ranges, bounded by resistance and support on the daily chart, currently testing the upper boundary of the range. The following illustrates the market structure on the daily and hourly charts. EUR/USD has been in the hands of the bears for a number of days and has reached the prior highs which might be expected to act as resistance, potentially leading to a sell-off.
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