EUR/USD Intraday Signal: Under Pressure Below 1.1695
EUR/USD remains under bearish pressure while trading below the 1.1695 pivot resistance. Sellers continue to control the short-term trend, with the RSI showing weak momentum and confirming a downside bias. The pair faces strong resistance between 1.1695 and 1.1730, which is expected to cap any recovery attempts.
Immediate downside targets are seen at 1.1645 and 1.1625, where minor intraday supports may appear. A sustained break below 1.1625 could accelerate losses toward deeper support zones.
Conversely, a break above 1.1695 would neutralize the bearish setup and open the way toward 1.1730 and 1.1755. Until then, price action is expected to remain choppy with a negative tone.
Enter: Short below 1.1695
SL: 1.1730
Target A: 1.1645
Target B: 1.1625