EUR/USD Price Analysis: Pair slips to 1.0500, deepens losses below 20-day SMA

EUR/USD Price Analysis: Pair slips to 1.0500, deepens losses below 20-day SMA

EUR/USD declines further on Thursday, deepening losses below the 20-day SMA. RSI remains flat at in negative territory, signaling persistent bearish momentum. MACD histogram continues to print decreasing green bars, highlighting fading bullish traction.

submitted by /u/Denchock
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