| Following the Fitch downgrade, the EURUSD has experienced a reversal, giving back its earlier gains. Notably, the price has encountered sellers near the 100-hour moving average (MA) in 3 out of the last 4 trading days, indicating significant resistance at this level. In this video, we closely monitor the EURUSD's price action and discuss the implications of the sellers' presence near the 100-hour MA. Stay informed with our analysis to make well-informed trading decisions in the dynamic forex market |
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