EUR/USD: Bearish Momentum Gains Strength

Atualizado
EUR/USD is trading near 1.0414, maintaining its downward trajectory after breaking below the key range between 1.0839 and 1.0311. This breakdown indicates strong bearish momentum and suggests further downside potential.

The immediate resistance now lies at 1.0414, where sellers are likely to remain in control. A failed attempt to reclaim this level could solidify the bearish bias, pushing the pair lower in the coming sessions.

The next significant support is around 1.0311, a critical historical level. If this support is breached, EUR/USD may extend its decline toward the major psychological level at 0.9908, marking a significant drop.

For now, any pullbacks to the 1.0414-1.0500 zone could offer opportunities for short positions, aligning with the prevailing bearish trend. Traders should remain cautious and focus on the momentum around these levels for clearer direction.
Trade ativo
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