EURUSD Daily Analysis – July 5, 2023

EURUSD has encountered significant resistance as it failed to break above a falling trend line on the 4-hour chart. This failure to breach the trend line indicates that the pair remains in a downtrend from the level of 1.1011. Traders closely monitoring the price action will likely interpret this as a signal for further downward &#8230; <a href="https://www.forexcycle.com/short-term-forex-analysis/136032-eurusd-daily-analysis-july-5-2023.html">Continue reading<span> "EURUSD Daily Analysis &#8211; July 5, 2023"</span></a>