Euro / U.S. DollarShort
NEW IDEA FOR EURUSD
In the technical analysis of EUR/USD, if the resistance at $1.0525 holds and the price fails to break above this level, a decline towards the support at $1.0414 is likely. The short-term downtrend within the outlined channel also reinforces this scenario.
In this situation, selling pressure could push the price towards the key support, but if the resistance at 1.0525 breaks, the analysis will need to be revised.
In this situation, selling pressure could push the price towards the key support, but if the resistance at 1.0525 breaks, the analysis will need to be revised.
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