#EURUSD - 12092024

EURUSD continued its move lower; it did move up first yesterday; above my sell level no doubt, above PZ to first resistance, but direction is clear - down. And indeed, EURUSD based before selling down to new lows. Now price is at 1.1000 strong level.

Bearish price action; no change in my view to yesterday, looking for further downside with PZ holding any rallies. 1.09600 remains my near term price target, with DXY looking for a move to 102.2.
Chart PatternsEURUSD

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