Extra losses target the 1.0500 region

Meanwhile, further losses remain on the table as long as the pair navigates the area below the key 200-day SMA at 1.0820.

EUR/USD daily chart


  • EUR/USD comes under pressure following two daily advances.
  • Further weakness could put the 1.0500 region back on the radar.


منبع: https://www.fxstreet.com/news/eur-usd-price-analysis-extra-losses-target-the-10500-region-202310181354

In case sellers regain the upper hand, the pair could put the 1.0500 neighbourhood to the test, while the loss of that region should expose a potential decline to the 2023 low at 1.0448 (October 3).

EUR/USD sets aside part of the positive first half of the week and revisits the 1.0550 region on Wednesday.