EURUSD
Since the long closing signal two weeks ago, the downward trend has continued. It is worth keeping an eye on the red trend line, which is considered ideal and currently determines the downward direction. Based on the current pattern, further downside potential is limited. Support is expected at the 1.1656 and 1.1597 levels, and around 1.1536 based on the longer-term upward trend. A break in the red trend line could signal a reversal to buying. How long the decline lasts will be key information for the next steps.
Resistance levels: 1.1719; 1.1841; 1.1962; 1.2085.
Support levels: 1.1597; 1.1475; 1.3520; 1.1230.
