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. EUR/USD struggled on Wednesday, shedding 0.48% to trade around 1.0295. This … Read more