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Forecast update for EURUSD -27-10-2026
The EURUSD pair continued to decline during its latest intraday trading, coming very close to our morning target at the 1.1130 support level, amid continued negative pressure from trading below EMA50, which reinforces the dominance and stability of the main short-term bearish trend, as the pair moves alongside a trend line supporting this bearish path and signaling further declines in the near term. However, the relative strength indicators entered deeply oversold territory, which may slow the pace of the pair’s decline.
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