Euro / U.S. Dollar
Short

EUR/USD | EURO Under Pressure Below 1.16, Watch for Further Drop

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By analyzing the EUR/USD chart on the 6-hour timeframe, we can see that the price climbed to 1.16060 but faced resistance at that supply zone, leading to a pullback.
It’s now trading around 1.15740, and if the price fails to break back above 1.1600, we could see further downside, possibly toward levels below 1.1530.
Keep an eye on the key levels marked on the chart for potential reactions.

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Best Regards , Arman Shaban

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