EUR/USD Downtrend: Bears Eye Control as Resistance Holds
EUR/USD Downtrend: Bears Eye Control as Resistance Holds
EUR/USD is struggling to break above the 1.0900 resistance zone.
A connecting trend line shows resistance at 1.0900 on the 4-hour chart.
The pair is trading below both the 100 and 200 simple moving averages, indicating bearish sentiment.
EUR/USD is currently below 1.0880, with immediate support near 1.0780 and the next key support at 1.0760.
Bears remain active, suggesting the downtrend may continue if resistance at 1.0900 holds.