EURUSD corrective pullback, resistance at 1.1610
The EURUSD continues to display a bearish outlook, in line with the prevailing downward trend. Recent price action suggests a short tern oversold bounce, potentially setting up for another move lower if resistance holds. Key Level: 1.1610This zone, previously a consolidation area, now acts as a significant resistance level.A failed test and rejection at 1.1610…
