resistance levels are proving ineffective in halting downward movements, suggesting a lack of buying interest to counter the selling pressure. This imbalance between support and resistance the bearish sentimment in the market.
In summary, the EUR/USD pair looks bearish as sellers overpower support levels and resistance fails to stall downward movements, reflecting a prevailing downtrend.
In summary, the EUR/USD pair looks bearish as sellers overpower support levels and resistance fails to stall downward movements, reflecting a prevailing downtrend.