EURUSD (still toward downtrend...)

EURUSD

The price may stabilize within the bearish zone following a stabilization below the robust Pivot line at 1.0858.

Stability in this area indicates a bearish trend, with targets at 1.0793 and 1.0758. Conversely, a reversal above 1.0858 suggests a potential move towards 1.0902.

Today's interest rate decisions will significantly impact the market's direction and should be closely monitored...

Pivot Price: 1.0858
Resistance prices: 1.0902 & 1.0932 & 10.980
Support prices: 1.0793 & 1.0755 & 1.0707

The movement range will be between the support 1.0792 and the resistance 1.0865

Tendency: Downward
Supply and DemandSupport and ResistanceTrend Analysis

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