As we analyze the EUR/USD pair, the overall market structure appears to be shifting toward a bearish outlook. The recent price action suggests a potential continuation of downward momentum, with various technical signals aligning to support this view.
With increasing pressure on the upside, it seems that sellers may start to dominate in the near term. Key factors to watch include price reactions around certain zones that could indicate further downside potential. We will be monitoring for any confirming signals that align with the bearish narrative.
Keep an eye on the broader market trends and any developments that might influence the direction in the coming sessions
With increasing pressure on the upside, it seems that sellers may start to dominate in the near term. Key factors to watch include price reactions around certain zones that could indicate further downside potential. We will be monitoring for any confirming signals that align with the bearish narrative.
Keep an eye on the broader market trends and any developments that might influence the direction in the coming sessions
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.