The euro fell during Tuesday's trading against a basket of global currencies, resuming its losses that were temporarily halted yesterday against the US dollar in attempts to recover from its lowest level in two years. This decline comes under pressure from renewed concerns related to Trump's trade tariffs.
Generally, the direction is uptrend
Uptrend Side: The price is likely to attempt stabilizing above the 1.0526 level to support further upward movement. If it holds above this level, the price could reach 1.0608, and beyond that, potentially rise to 1.0678.
Downtrend Side: If the price begins to correct below 1.0526, a break of the 1.0450 level will be necessary to confirm a downward move.
Tendency Keys: 1.0526