EURUSD Dives Below Key Support on Technical Breakdown; 1.1615 Target
EURUSD breaks below key technical support at 1.16806, extending losses to 1.16159. Sellers maintain control with resistance at 1.1655 and 1.16377 preventing recovery attempts.
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EURUSD breaks below key technical support at 1.16806, extending losses to 1.16159. Sellers maintain control with resistance at 1.1655 and 1.16377 preventing recovery attempts.
USD strengthens across most pairs as US yields rise sharply. EURUSD, GBPUSD, NZDUSD, and AUDUSD break below key technical support levels, signaling bearish momentum. USDJPY remains bullish above 158.…
EURUSD plunged to 1.17, marking its lowest level since April 2026, declining 0.14% with a 1.04% loss over four weeks despite a 4.4% yearly gain.
EURUSD fell below key technical supports including the 200-hour moving average at 1.1559, signaling increased downside risk amid ECB's caution on unpredictable food inflation and potential surprises.