EUR/USD Possible Long opportunities

The EUR/USD pair is currently facing significant selling pressure due to negative economic indicators from the Euro Area and high inflation rates. Technically, the pair has broken a crucial support level, reinforcing the bearish outlook. While a short-term correction may present a long opportunity, it's likely to be a temporary respite before the price continues its downward trajectory.

EURUSD

Targets: 1.08400, 1.08700

Comment:

one of the TP reached

Trade closed: target reached