The pair went down

On the chart we observe that the price has dropped below the level of 1.1310 and currently has a downward impulse. Our technical indicators point to a sale. The MACD is in the negative zone, and the Stochastic continues to be in the oversold zone.

On the older chart, we see a continuation of the downward trend. Therefore, we advise you to look for points to enter short positions and consider your goals near the levels of 1.12 and 1.1160.
Beyond Technical AnalysisEURForexfxTechnical IndicatorsmarkettraderTrend AnalysisUSD

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