EUR/USD upside attempts have been short-lived, and the pair has returned to levels below 1.1510 at the time of writing, approaching session lows at 1.1500 after being rejected at 1.1530.
💡 DMK Insight
EUR/USD’s struggle to hold above 1.1510 signals a bearish sentiment that’s hard to ignore. After failing to break through 1.1530, the pair’s retreat towards 1.1500 suggests that traders should be cautious. This level has acted as a psychological barrier, and a sustained drop below it could trigger further selling pressure. Look for potential support around 1.1480, where previous lows might come into play. If the pair breaks through this level, it could open the door to a more significant decline, possibly targeting 1.1450. On the flip side, if the bulls manage to reclaim 1.1530, we might see a short-term rally, but the overall trend remains shaky. Keep an eye on economic indicators from the Eurozone and the U.S. that could sway market sentiment, especially any shifts in interest rate expectations. Volatility is likely to remain high, so traders should be ready for quick moves in either direction.
📮 Takeaway
Watch for EUR/USD to hold above 1.1500; a break below could lead to further declines towards 1.1450.






