The price of EURUSD is anticipated to undergo a sharp decline

Looking at the price chart, we can see that the SMA20 is declining significantly and has broken through the support zone at 1.7030, seeking a new support zone at 1.7026.

Additionally, the RSI indicator is about to surpass the oversold zone.

These indications suggest that the EURUSD pair is poised for a sharp decline.
buyChart PatternsEURUSDForexTechnical IndicatorsRelative Strength Index (RSI)resistenceSELLsmasupportTrend Analysis

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