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EUR/USD Under Bearish Pressure Below 1.17000

EUR/USD Under Bearish Pressure Below 1.17000

EUR/USD is trading with a bearish bias during the day, remaining below the pivot level at 1.17000. If the downward movement continues, the pair is expected to reach 1.16500 followed by 1.16000. On the other hand, if a reversal occurs, the price may rise toward 1.17500 then 1.18000. Overall, a move above 1.17000 may support a recovery toward 1.17500.

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