EUR/USD hits fresh six-month lows near 1.0550
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Currently, the EUR/USD is holding below 1.0550, with the US dollar remaining stable and benefiting from risk aversion, maintaining downward pressure on this currency pair.
The EUR/USD exchange rate briefly traded at 1.0600 but quickly declined. The pair reached a low of 1.0561. The 4-hour chart indicates a downward trend, and the pair continues to search for support. As long as the pair remains below 1.0735, the negative trend will persist.
Currently, the EUR/USD is holding below 1.0550, with the US dollar remaining stable and benefiting from risk aversion, maintaining downward pressure on this currency pair.
The EUR/USD exchange rate briefly traded at 1.0600 but quickly declined. The pair reached a low of 1.0561. The 4-hour chart indicates a downward trend, and the pair continues to search for support. As long as the pair remains below 1.0735, the negative trend will persist.
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You can refer to USD/JPY news from Brian
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EU is showing the first bearish candle
