EUR / USD - Euro US Dollar

The EURUSD is trading at 1.1264, as the pair rebounded to the downside after failing to breach the resistance level as shown in the figure.
The price is now trading at the average moving average line, and both the Stochastic and the MACD are showing a negative cross towards the 4-hour time frame
Therefore, the pair is expected to continue its bearish trend targeting 1.1227


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