Daily Market Brief: EUR/USD Analysis Through Correlation Pattern

1. Current Market Situation
EUR/USD remains under pressure following DAX's -1.17% decline. Key observations:

Resistance zone: 1.0781-1.0791

Support level: 1.07810

Subdued trading volumes suggest impending volatility

2. Methodology
Our analysis employs:

Proprietary Correlation Indicator tracking:
• DAX/S&P 500 divergence
• EUR/USD's historical response to index movements
• Liquidity cluster levels

Price action analysis (not theoretical models)

3. Correlation Dynamics
Notable patterns:

Classic DAX-EUR negative correlation remains intact

S&P 500 resilience creates interesting divergence

Our indicator detects: 76% chance of false breakout before main move

4. Actionable Trade Plan
Primary Scenario (70% probability):

Sell zone: 1.0781-1.0791

Invalidation Conditions:

DAX rebounds above yesterday's close

EUR/USD sustains above 1.0791

5. Execution Guide
Monitor DAX futures in real-time

Watch for volume spikes at key levels



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