EURUSD: Continue to prioritize selling !EURUSD is currently trading around 1.0715, showing a bearish trend with recent attempts to rebound being limited by resistance near 1.0745. The chart suggests a potential setup for further downside as the pair struggles to break above this level.
The technical outlook favors a continuation of the bearish momentum, with a potential target towards the support level around 1.0688. A rejection from the 1.0745 resistance could confirm this downward move, providing an opportunity for short positions.
Traders looking for a bearish entry may consider positions if EURUSD remains below resistance, aiming for a move down to the support zone.