EUR/USD is trading with a bearish bias during the day, remaining under pressure below the key pivot level at 1.17500. If the downward movement continues, the pair is expected to reach 1.17000 followed by 1.16500, which represent important support areas.
On the other hand, if the pair manages to reverse and hold above 1.17500, the bullish scenario may return, with potential upside targets at 1.18000 followed by 1.18500. Overall, stability above 1.17500 is required to support any continued upward move toward 1.18000.
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