EURUSD Poised For More Downside If The Trendline Gives Way

<p>EURUSD has been charting lower lows and lower highs after peaking at 1.1421 and near a long-term ascending trendline stretched from the 2019 bottom, signaling that the recent bearish wave in the four-hour chart may continue. The weakening RSI, which has crossed below its 50 neutral mark, and the fact that the price has slipped […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/306145-eurusd-poised-for-more-downside-if-the-trendline-gives-way/">EURUSD Poised For More Downside If The Trendline Gives Way</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>