Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
Wrapped SOL 
USDC 
Lido Staked Ether 
TRON 
Dogecoin 
The EURUSD sellers are pressing their advantage with a break below the 1.1541–1.1546 support area — a zone that now turns into near-term resistance and defines risk for shorts.On the downside, the pair is testing an older swing area from June through August between 1.1518 and 1.1529, with the low so far reaching 1.1522. A move below 1.1518 would confirm a deeper bearish extension and keep sellers firmly in control.Bottom line: Sellers have the upper hand, and as long as the price stays below 1.1546, the path of least resistance remains to the downside.
This article was written by Greg Michalowski at investinglive.com.
💡 DMK Insight
The EURUSD just broke below key support, and here’s why that matters: Sellers are gaining momentum after breaking the 1.1541–1.1546 support zone, which now flips to resistance. This shift is crucial for short positions, as it sets the risk level for traders looking to capitalize on further declines. The next critical area to watch is the swing zone between 1.1518 and 1.1529, which could act as a potential bounce point or a further breakdown if breached. If the pair fails to hold above this range, we could see a cascade effect, pushing the EURUSD lower and potentially impacting correlated assets like the DXY index, which measures the dollar’s strength. But don’t overlook the possibility of a short squeeze if the price rebounds. Traders should monitor the 1.1546 level closely; a failure to reclaim this could solidify bearish sentiment. Watch for volatility around economic data releases that could further influence the euro’s movement against the dollar in the coming sessions.
📮 Takeaway
Keep an eye on the 1.1518–1.1529 zone; a break below could trigger further selling pressure in EURUSD.
