EURUSD Technical Update: Sellers lean into 61.8% resistance as downside pressure builds ...Middle East

The renewed move lower opens the door for further downside if momentum builds. The next key support comes in at the 50.0% retracement level at 1.13183. A break below that level would tilt the bias more clearly in favor of sellers, with deeper support levels eyed near the 1.1287 area and the 38.2% retracement at 1.12657.

Resistance: 1.13781 (61.8% retracement), 1.14027

Traders will be watching to see if sellers can maintain pressure and push through the mid-level retracement zone.

This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about eurusd technical update sellers lean into 61 8 resistance as downside pressure builds was published today ( Tuesday 27/05/2025 - 05:59 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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