EURUSD 10 February 2025 TRADE IDEA

The EUR/USD pair remains in a long-term downtrend, as indicated by the descending trendlines and the formation of lower highs and lower lows. Recent price action shows a rejection from the 1.0400 - 1.0514 supply zone, suggesting strong bearish momentum. Price is likely to target the next demand zone around 1.0000 - 0.9935, as order flow and smart money concepts (SMC) indicate further downside. A break of structure (BOS) confirms continued bearish intent, while liquidity grabs and fair value gaps (FVGs) suggest price may seek equilibrium near 0.9800 - 0.9400 in the longer term. Fundamentally, the U.S. dollar remains strong due to the Federal Reserve’s hawkish stance, resilient labor market data, and persistent inflation, while the Eurozone faces economic struggles, with the ECB being less aggressive on rate hikes due to slowing growth. Geopolitical tensions, such as the Russia-Ukraine war and Middle East conflicts, add to global risk-off sentiment, further strengthening USD as a safe-haven asset. If price breaks below 1.0000, further declines toward 0.9935 - 0.9800 are expected, while a sustained break above 1.0514 would challenge the bearish outlook.