Chart of the day: EUR/USD by PipCzar forex EUR
continues to compress in a wedge as the descending trend line is at 1.0570 and remains key resistance for the bears to hold. A Dips below the 1.0400 level are finding eager buyers. Considering the pair has not broken down following the move lower in risk assets sets up the risk of a reversal higher in the coming days. RSI is mid-range and also compressing.
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