EUR/USD Possible Long opportunities

Updated
The EUR/USD pair is currently facing significant selling pressure due to negative economic indicators from the Euro Area and high inflation rates. Technically, the pair has broken a crucial support level, reinforcing the bearish outlook. While a short-term correction may present a long opportunity, it's likely to be a temporary respite before the price continues its downward trajectory.

EURUSD

https://www.tradingview.com/x/J5gEsoOB/

Targets: 1.08400, 1.08700

Note
one of the TP reached
Trade closed: target reached
Fundamental AnalysisTechnical IndicatorsTrend Analysis

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