EUR/USD Price Analysis: Bulls stall a fresh cycle highs, capped below 1.0550 – by fx_ross EURUSD Technical Analysis
The bears eye a break of the consolidation below 1.0220. is stalling on the bid which gives rise to the prospects of the capitulation of the bulls in speculating that the 1.0500s could be the last stop in this bull cycle from a technical perspective across the charts. The following is an analysis across multiple time frames from a bearish perspective:The price is holding the supporting trendline but it could be climaxing in a steep rally.
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