EURUSD: Beneficial for sellers!
Updated
The EURUSD pair experienced a slight recovery at the start of Monday's session; however, the overall trend remains under sellers' control. The current price is around 1.107, and the 1.111 support level has been breached. The price has broken below the 34 and 89 EMA lines, with the next target being 1.095. We can expect the price to rebound from this level if the sellers effectively manage the upward trend, using it as a solid support point to resume the bullish momentum.
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