Pressure on EURUSD

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Pressure on EURUSDEuro / US DollarEIGHTCAP:EURUSDForexTrendlineThe escalation of the conflict over the weekend has kept pressure on EURUSD. The price remains around the same levels but still has potential for another drop. Rising yields are supporting the USD and limiting any recovery. Price action continues to be driven by fundamental factors. Watch for a continuation of the downside toward support levels, and keep risk lower when entering trades.