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EUR/USD Technical: Bears May Be Getting Exhausted

Published: May 30, 2023

In the medium term (multi-week), the price actions of EUR/USD are evolving in a downtrend phase since the bearish down from form the multi-month ascending channel support from the 28 September 2022 low 0f 0.9536 on 18 May 2023 as depicted on the daily chart.

Source: actionforex.com