EUR/USD Technical analysis

FX:EURUSD   Euro / U.S. Dollar
The 4-hour chart of EUR/USD indicates that the pair is still in consolidation phase.
The pair is facing selling pressure at higher levels.
Though it crossed the resistance of 1.17209, it failed to hold on to the breakout and is currently moving downwards.
We expect the selling pressure to get intensified from here and the pair is likely to get support at either of our marked support prices
Jul 12
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