EUR/USD Price Analysis: Pair slides below 1.0300, indicators lose steam

EUR/USD Price Analysis: Pair slides below 1.0300, indicators lose steam

EUR/USD declines by 0.48% on Wednesday, settling near 1.0295 after failing to break above the 20-day SMA. RSI falls sharply to 39 in negative territory, revealing intensified selling pressure. MACD histogram prints decreasing green bars, suggesting waning bullish momentum and a renewed downside tilt.

submitted by /u/Demblin
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