EUR/USD is likely to enter a bearish phase, potentially reaching the 1.14069–1.13389 range. This area is a strong candidate for a potential rebound; however, the pair may continue its downward trend. One of the main driving factors behind this bearish momentum is the ongoing conflict in the Middle East, which is contributing to broader market uncertainty and risk-off sentiment.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.