EUR/USD breaks key support at 1.15768-1.15872, continues decline

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Published: 1 hour ago

EUR/USD broke decisively below critical support zone between 1.15768-1.15872 that held since May 20. The pair also breached 200-hour MA at 1.1628, 100-hour MA at 1.1620, and upward trendline near 1.1600. Next downside target is April 6 low at 1.15046, with further objectives at 1.1450 and 2026 low of 1.14089. The technical breakdown shifts bias firmly toward sellers.

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