EURUSD

image

EURUSD

The EURUSD pair is attracting attention with its downward movement after facing resistance at the 10-period moving average in the current technical outlook. As long as the price remains below the 1.1650 – 1.1630 region, the 1.1541 level stands out as a target. On the other hand, any upward movements in the Dollar Index could increase pressure on the EURUSD pair. In an alternative scenario, if the pair can sustain above the 1.1650 – 1.1630 region, it may support price movements towards the 1.1729 levels.