@HassanMalik on EURUSD | PriceONN Community
My analysis suggests a potential continuation of the bearish trend for EURUSD in the short term. The pair has broken below several key support levels, and with the 200-day SMA acting as a significant resistance around 1.17665, further downside movement towards 1.1550 is plausible. However, traders should closely monitor upcoming economic data releases that could influence market sentiment.