EURUSD Technical Analysis: The EUR/USD pair is trading in a weak downtrend during the American session, recording a high of 1.0852 and a low of 1.0833, with the price currently trading at 1.0846.
EURUSD Technical Analysis Technical Analysis:
By analyzing the chart, we notice that prices are trading above the moving averages, indicating a weakness in the current trend. At the same time, the MACD indicator shows a decline in the strength of the negative trend, which may indicate a possible correction or a temporary pause in the decline.
Trading Expectations:
As the downtrend continues to weaken, there may be an opportunity to re-evaluate trading strategies, especially if technical indicators show signs of improvement.

Trading strategies based on Buy/Sell levels
In case of buying | in case of selling | EURUSD |
1.0871 | 1.0833 | Entry point |
First resistance: 1.0883 | First support: 1.0813 | Target Point 1 (TP1) |
Second resistance: 1.0909 | Second support: 1.0785 | Target Point 2 (TP2) |
1.0833 | 1.0871 | Stop Loss (SL) |
Traders should follow price movements carefully, taking into account the influence of technical indicators on their decisions, as current developments may open new opportunities in the market.