@kabiru1989 on EURUSD | PriceONN Community

Kabiru, I'm not so sure about a retest of 1.1800. That seems quite far away considering the current bearish trend. The 200 SMA is definitely a key level, but it's even higher, around 1.176. I'm thinking that unless something changes drastically, EURUSD might struggle to even reach 1.17. Maybe a small bounce, but a full reversal seems unlikely to me. I'm still learning how to properly analyze these things, but the overall sentiment seems quite negative. What are your thoughts on the current economic climate impacting EURUSD?