EUR/USD Under Pressure as 1.1400 Level Challenged
The euro remains under mild pressure, with EUR/USD testing the 1.1400 level. A breakdown below this support could send the pair to its lowest since July.
EURUSD
The single European currency continues to face selling pressure, having briefly touched the 1.1400 mark against the US dollar. Analysts see a high probability of a downward breakdown, which would push the exchange rate to levels not seen since July.
Traders are watching the 1.1400 support closely. A decisive break below could accelerate losses, with the next downside targets likely in the 1.1350–1.1300 zone.
Source: FXStreet Forex News