EUR/USD Technical Analysis and Trading Opportunities Every Day

Before the price drop that started at 1.1200, prices around 1.1700 were stable for a short time. But things didn't stay this way for very long.

In a very short amount of time after that, the price zone around 1.1500 had a lot of SELLING pressure when a good SELL Entry was shown on the previous upward movement that was heading in that direction.

This happened when a good SELL Entry was shown on the previous uptrend that was heading in the same direction. This happened when a good SELL Entry was given on the earlier rising movement that was going in the right direction. As it moved forward, this ascent moved toward the price zone, which was the area that was being climbed.

After that point, the EUR/USD pair started trading at lower values, and it has continued to trade at lower values ever since. Its most recent high was 0.9600, but it has also traded at 1.0850, 1.0400, and 1.00 in its trading history.

As long as a strong upward momentum can't break through 1.0000, sellers will keep putting pressure on the market. This is likely to keep going on for a while. There's a good chance that the way things are now will stay that way for a long time.

Until then, any price movement that brings the currency pair closer to 0.9500 should be closely watched for signs of more people wanting to buy.

No matter which way the price is going, this should always be done. This is because this area could be the start of a new trend in a good direction.

Because of this, it is very important to be on the lookout for signs that something like this might be happening.