The EUR/USD currency pair at (1W) resumes the downtrend after an upward correction.
The pair ran into resistance in the area of 1.1250 (61.8% Fibo), (MA200) and is currently testing the support area of 1.0450.
The technical picture suggests the development of a downtrend with a target in the area of 0.9600 (minimum 2022).
The nearest resistance is the area of 1.0600.
Created by Joshua Hayn
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