EUR/USD is moving with a bearish intraday bias, remaining under pressure below the key pivot level at 1.17500, which signals continued weakness in the short-term trend. If the downward movement continues, the pair is expected to decline toward 1.17000 followed by 1.16500, representing key support zones.
However, if the pair manages to stabilize and hold above 1.17500, a bullish correction could emerge, with potential upside targets at 1.18000 followed by 1.18500. Overall, sustained trading above 1.17500 is essential to shift momentum and support a move toward 1.18000.
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