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EURUSD Bearish RSI breaak on Daily chart

FX_IDC:EURUSD   Euro / U.S. Dollar
21 0 1
EURUSD             in the last few weeks had broken higher after there was a bullish RSI break to the upside. After a strong move up prices fully retraced the move and actually gave a BEARISH Hammer pattern on weekly chart. With RSI breaking the bullish momentum we can see further decline in EUR.

EUR has been moving sideways for over moths now after completing a impulsive decline to lows of 1.05.
Sideways price action often unfold in the direction of the longer term trend which in this case is downwards.

Good luck.
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