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$EURUSD 📉 EUR/USD drops to its lowest level since May 2025.
The pair slipped below last week's low, touching 1.1155. An intraday recovery attempt stalled at 1.1217, near the falling 100-hour moving average. Failure to clear this level allowed sellers to regain control.
📊 Key levels:
• Current price: ~1.1154
• Intraday high: 1.1217
• Immediate support: 1.11296
• Next support zone: 1.1060
The technical structure reflects bearish momentum. The short-term moving averages are aligned above the price, and MACD remains in negative territory. The rejection at the moving average confirms that sellers remain in control for now, with the focus shifting to whether the current support holds.
Do you see a stabilization near 1.1129, or do you expect a deeper retest of 1.1060? 👇
#EURUSD #GateSquare #CFD #Macro
Not financial advice. ✔️