Technical situation: Clear horizontal support has been broken and the price is attempting to consolidate below it.
MACD: Starting to catch its breath after a long downward trend.
Expectation: As long as the price is no longer above the 1.3380 resistance, the likely trend is to continue the decline towards 1.3300 and then 1.3250.
EUR/USD Chart on the hourtly time frame
Current trend: Bearish
Technical situation: The price has broken strong support (the blue line) and is currently attempting to retest it from below.
MACD: Negative but showing a recovery attempt.
Expectation: If the price fails to break above the blue resistance, the decline may resume towards the lower support at 1.1500.
USDJPY chart on the hourly time frame
Current Trend: Recently Bullish
Technical Status: A strong rebound from sloping support, but the price is beginning to encounter resistance around 148.30.
MACD: Positive but weakening.
Prediction: If 147.80 is broken downward, it may retest 147.00.
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