The EUR/USD pair continues its downward movement today, trading near the pivotal level of 1.16390. If selling pressure persists, the price is expected to move lower toward 1.15990 and then 1.15700, which are important support areas that may test buyer strength.
In the alternative scenario, if the trend reverses upward, the pair may target 1.17000 and then 1.17280.
Additionally, remaining below 1.15990 could strengthen the possibility of a further decline toward 1.15700.
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