Karina_Bella

EURUSD: Continues to fall deeper

Karina_Bella Updated   
FX:EURUSD   Euro / U.S. Dollar
Hello dear EURUSD traders, let's dive into this currency pair with Karina!

Today, EURUSD couldn't resist the downward trend, aligning with our predictions from yesterday.

The pair is under pressure as the USD starts to regain strength, heavily impacting this major currency duo. On the analysis chart, EURUSD has broken through the Trendline and fallen below the psychological support level of 1.090. The 4-hour chart indicates a potential continuation of this downtrend soon. With the breach of the 1.0861 level, we may not encounter any significant support until reaching 1.078.

Let's closely monitor the upcoming movements of EURUSD and prepare for the next investment opportunities!
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