EURUSD/ The next negative step is ahead...

Updated
Generally, the direction is a downtrend

Uptrend Side: The price is still trading within the bearish channel, having declined and stabilized below 1.0450. For a rise to occur, the price must break above this level to reach 1.0527 and 1.0608.

Downtrend Side: Trading within the bearish channel and stabilizing below 1.0450 will support the bearish trend, potentially targeting 1.0350, and below that, 1.0300.

Tendency Keys: 1.0450
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due to the Core PCE Price Index news, the price rose The price is continuing the trade above 1.0350 and still has a bearish trend

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