-
Euro Short-term Outlook: EUR/USD Reversal Halted at Pivotal Support
EUR/USD is trading just above a pivotal support zone after a sharp pullback from the January highs, with downside momentum slowing as price approaches a key technical threshold. This area has acted as an important reference point within the broader uptrend, placing emphasis on how the market responds in the sessions ahead. A decisive break lower would suggest the correction has further to run, while continued holding above support would keep the focus on a potential stabilization and reassessment of the recent decline. The outcome here is likely to shape near-term direction for the Euro as the market moves into the ... (full story)