12 Mar 2026
๐ถ EUR/USD Alert โ Bears Still in Control!
๐ Current Price: ~1.1550
โก Bias: Mildly bearish โ trades below 9-day EMA and 50-day EMA
๐ก RSI: 14-day RSI at 31 โ persistent bearish pressure near oversold
๐ฝ Support Levels:
1.1468 โ 7-month low
1.1391 โ 9-month low / descending channel lower boundary
๐ผ Resistance Levels:
1.1624 โ 9-day EMA
1.1727 โ 50-day EMA
1.1750 โ upper channel boundary
โก Trading Insight: EUR/USD remains under seller control; further slide likely unless price recovers above 1.1600.
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ย ๐ฉ๐ฐ