EURUSD sellers are leaning aganst corrective resistance targets keeping sellers in control
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The EURUSD is experiencing a significant decline after breaking below key support levels, including the 200-day moving average. Sellers have maintained control, pushing the pair down to a session low of 1.16159. Attempts by buyers to recover have stalled at resistance levels of 1.1655 and 1.16377, reinforcing a bearish trend. As long as the price remains below these resistance points, the downside bias persists, indicating that buyers need to regain control.
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