EURUSD today

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The EURUSD pair remains under significant bearish control, consolidating just above the critical support level near 1.0527. Despite a slight recovery, the overall trend continues to favor sellers, with the recent pullback likely to face resistance around the 1.0775–1.0868 zone.

Key Technical Insights:

Downward Momentum: The pair has been unable to sustain any significant upward movement, with each rally being met by selling pressure, maintaining the dominant bearish structure.
Resistance Levels: The 1.0775 and 1.0868 zones represent formidable barriers, with a rejection at these levels expected to reinforce the downward trend.
Target Levels: A breakdown below 1.0527 could open the path toward the psychological level of 1.0500 and further extend losses toward 1.0300.

Outlook:
Traders should monitor any attempts to retest the resistance zones for potential sell opportunities. As long as EURUSD remains below 1.0775, the pair is likely to stay on its bearish trajectory.
Trade attivo
Nota
EUR/USD Pressured: Bears Eye Further Declines
buyChart PatternsEURUSDForexSELLsignalTrend AnalysisWave Analysis

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