EXNESS:EURUSDContinuing to be bearish while testing important resistance

We are at the resistance level1.0604(Fibonacci pullback, Fibonacci expansion, horizontal overlapping resistance) Continue to be bearish below, waiting for a further drop to reach resistance level1.0494(Fibonacci expansion, horizontal support).RSI（34）Seeing strong downward resistance causing prices to fall. Random indicators（55,5,3）Also see in our93%The strong resistance below the horizontal is driving prices down, and it also shows a bearish divergence compared to prices, which is a precursor to a good reversal in prices from here. Selling position in1.0604Below. Stop loss position1.0638. The profit margin lies in1.0494。

Today's pushUSDThe main news event of the trend is the United StatesISMManufacturing survey. It is one of the most volatile economic data in the market, as its payment price and employment sector reflect sentiment towards inflation and labor conditions - These are the two most important health indicators in the market. Higher than expected readings should be considered positive/BullishUSDHowever, lower than expected readings should be considered bearish/BearishUSD。 We predict that there will be an increase in the data, which means it is expected to be bullishUSDThis aligns with our bearish outlookAUDUSDThe viewpoint. The price has broken our long-term upward support resistance line, triggering a bearish channel and driving prices down. The goal is to0.7668Sell below resistance levels (Fibonacci pullback, bearish pullback resistance, horizontal pullback resistance), waiting to move forward0.7603There is a decline in Fibonacci's retreat, supported by horizontal overlap.RSI（34）Breakthrough45%The key position indicates the possibility of further decline. Selling position in0.7668Below. Stop loss position0.7695. The profit margin lies in0.7603。