EUR/USD AT RISK OF ANOTHER SLIDE: CAN BULLS SURVIVE?

EUR/USD AT RISK OF ANOTHER SLIDE: CAN BULLS SURVIVE?
EUR/USD AT RISK OF ANOTHER SLIDE: CAN BULLS SURVIVE?

EUR/USD AT RISK OF ANOTHER SLIDE: CAN BULLS SURVIVE?

EUR/USD RECOVERY: The pair started a recovery wave from the 1.0340 zone.

BEARISH TREND LINE: A major bearish trend line forms with resistance at 1.0450 on the 4-hour chart.

EUR/USD is currently below 1.0450, the 100 and 200 simple moving averages on the 4-hour chart.

BULLISH CHALLENGE: The pair is attempting to regain momentum above the 1.0450 level.