The EU is preparing to impose sanctions on Russia, which may bring great trouble to the EU, which is already short of energy. EUR/USD D1 chart SAR long volume weakened. The RVI index is also below the 0 axis, and the market bears a strong signal. The RSI indicator is currently below 40 indicating a strong downtrend.
The short volume on the SAR indicator on the H1 chart is very strong. The RVI indicator also formed a death cross, showing a strong bearish trend. The MACD bearish volume has also now broken above the signal line.
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