EURUSD BEARISH

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The EUR/USD currency pair has been exhibiting a bullish trend. However, recent technical indicators suggest potential bearish signals. Specifically, a bearish divergence has formed on the Relative Strength Index (RSI), and a rising wedge pattern has been identified. These developments indicate a possible trend reversal. To capitalize on this, I plan to place a sell stop order to enter the market upon confirmation of the anticipated downward movement.

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