EUR/USD has faced strong rejection from the 1.04400 resistance level in the H1 timeframe, signaling a possible downside move. If bearish momentum continues, the price may decline towards the following key levels:
📉 Target 1: 1.03950
📉 Target 2: 1.03500
🔹 Stop Loss: 1.04700 (to limit potential losses in case of reversal)
📉 Target 1: 1.03950
📉 Target 2: 1.03500
🔹 Stop Loss: 1.04700 (to limit potential losses in case of reversal)
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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.