EURUSD Stuck in Limbo: Rangebound Consolidation or Downtrend Continuation?

EURUSD finds itself caught in a tug-of-war between bulls and bears, oscillating within a trading range of 1.0694 and 1.0805. Let’s dissect the technicals to understand whether this signifies a pause in the downtrend or simply a consolidation before further decline. Downtrend Persists, Consolidation or More Decline? Support Levels to Watch for Breakdown Resistance and … Continue reading "EURUSD Stuck in Limbo: Rangebound Consolidation or Downtrend Continuation?"

EURUSD Stuck in Limbo: Rangebound Consolidation or Downtrend Continuation?
EURUSD finds itself caught in a tug-of-war between bulls and bears, oscillating within a trading range of 1.0694 and 1.0805. Let’s dissect the technicals to understand whether this signifies a pause in the downtrend or simply a consolidation before further decline. Downtrend Persists, Consolidation or More Decline? Support Levels to Watch for Breakdown Resistance and … Continue reading "EURUSD Stuck in Limbo: Rangebound Consolidation or Downtrend Continuation?"