EURUSD Falls Below 200-Day SMA, Fresh Lows in Sight

<p>EURUSD has been in a steady decline after peaking at the 18-month high of 1.1275 on July 18, generating a series of lower highs and lower lows. Besides that, the pair has dived beneath its 200-day simple moving average (SMA), which is further deteriorating the technical outlook. The momentum indicators currently suggest that the bearish forces [&#8230;]</p>
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