{video}EURUSD is struggling to continue the rebound that started from the 1.0725 support level and the medium-term ascending trend line. Currently, the market is losing momentum indicating a potential downside movement again. The 20-day and 200-day simple moving averages (SMAs) are on the verge of forming a death cross, confirming a decline. Moreover, the RSI indicator is currently pointing south below the neutral threshold of 50, while the MACD is showing a continuation of its bearish pattern below both its trigger and zero lines. If the price movement were to reverse, immediate support could once more be found at ... (full story)