EUR/USD Price Analysis: Pair plunges below the 1.0500 level

EUR/USD Price Analysis: Pair plunges below the 1.0500 level

The EUR/USD fell by more than 1% to open the week. The 1.0500 mark is gone and the pair fell further below the 20-day SMA. Indicators suggest that the selling momentum may have more room to go.

submitted by /u/Denchock
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