EUR USD is trading with a bearish bias during today’s session, staying below the key pivot level at 1.17000. This keeps the short term outlook negative and reflects continued selling pressure in the market.
If the pair continues to decline, it may target 1.16500 as a first level, followed by 1.16000 if downside momentum strengthens.
However, a move above 1.17000 could shift the trend upward, opening the way toward 1.17500 and then 1.18000. Overall, the bearish scenario remains dominant unless the pair stabilizes above 1.17000.
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