🛎EUR/USD Update :
👉 EUR/USD extended its decline following Tuesday’s session and continues moving toward the 1.1700 area during Wednesday’s European trading session.
👉 Broad USD strength after stronger-than-expected inflation data continues to pressure the pair, while ongoing uncertainty surrounding the US–Iran conflict is keeping market sentiment cautious.
📊 Personal View:
👉 The repeated rejection around the 1.1800 resistance zone suggests weakening bullish momentum, giving sellers more control over the market.
👉 The bearish trend is likely to continue if the 1.1720 support zone is clearly broken, opening the way toward 1.1678 and potentially deeper toward 1.1622.
👉 EUR/USD may remain under pressure as USD strength continues to dominate major currency pairs, with no clear signs of slowing down yet.
☄️ Support zones: 1.1678 ; 1.1622
☄️ Resistance zones: 1.1786 ; 1.1835
Wishing you a successful trading day 💵
👉 EUR/USD extended its decline following Tuesday’s session and continues moving toward the 1.1700 area during Wednesday’s European trading session.
👉 Broad USD strength after stronger-than-expected inflation data continues to pressure the pair, while ongoing uncertainty surrounding the US–Iran conflict is keeping market sentiment cautious.
📊 Personal View:
👉 The repeated rejection around the 1.1800 resistance zone suggests weakening bullish momentum, giving sellers more control over the market.
👉 The bearish trend is likely to continue if the 1.1720 support zone is clearly broken, opening the way toward 1.1678 and potentially deeper toward 1.1622.
👉 EUR/USD may remain under pressure as USD strength continues to dominate major currency pairs, with no clear signs of slowing down yet.
☄️ Support zones: 1.1678 ; 1.1622
☄️ Resistance zones: 1.1786 ; 1.1835
Wishing you a successful trading day 💵
Trade active
the plan is still ontrack
Trade closed: target reached
Complete the original plan 
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Related publications
Disclaimer
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.