EURUSD → The bears are stepping up the pressure

3 Jan

EURUSD continues to form a downtrend. The price updates the local minimum, reaching the target indicated last year :). What's next?



Fundamentally, the situation is weak due to Trump's policy towards the euro zone. The strong dollar also increases the bearish pressure on the market.
Technically, the priority figure is the downtrend and the previously broken consolidation boundary - 1.033.
It is this zone that the price is currently aiming for as a zone of interest.

Resistance levels: 1.033, 1.0448
Support levels: 1.022

Both technically and fundamentally the situation is weak, therefore, the emphasis on strong resistance levels from which the fall may resume.

Regards R. Linda!