Euro Headwinds Continue to Blow

FX:EURUSD   Euro / U.S. Dollar
Market technicals continue to weaken for for EURUSD , as the currency pair failed to break through its 10-day EMA of 1.12468. Furthermore, both the SMI, RSI and MACD continue to fall, indicating both money and momentum are on the decline.

If this trend continues, the next stop is EURUSD 1.105311
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