EUR/USD Slips Again – Just a Pullback or More to Come?Hey everyone! Great to have you back for another market chat today.
As of writing, EUR/USD remains under significant bearish pressure, currently trading near 1.154 — marking a rather gloomy start to the new trading week. The euro is clearly struggling to attract buying interest as traders reassess the ECB’s stance and digest the newly announced EU–US trade agreement. Meanwhile, the U.S. dollar is gaining momentum, flipping the trend unexpectedly.
From a technical perspective, EUR/USD is showing clear weakness. The pair has broken below both its rising wedge and previous uptrend line, with candles closing firmly lower — a strong sign that the bears are in control.
In my personal view, I expect EUR/USD to continue sliding toward the next two support zones, although a minor pullback could occur first as part of a typical correction.
But what do you think? Is this just a dip… or the start of something bigger for EUR/USD? Let me know your take in the comments!
