The EUR/USD currency pair has broken below a key support zone, signaling a potential bearish trend continuation. This breach suggests increased selling pressure, as the support level previously acted as a strong floor for price stability. Traders may look to sell EUR/USD, targeting lower levels, while keeping an eye on fundamental factors and risk management to navigate potential volatility.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.