🔴 $EURUSD CRASHES TO 17-MONTH LOWS AS FRENCH FISCAL CRISIS SPARKS FIRESALE! 📉
Entry: 1.1186 ⚡
Target: 1.1000 🎯
📌 Capital is fleeing the Euro as French government bond spreads widen to 17-year highs while debt overhang paralyzes policymakers. 📉 With EUR/USD trading well below its 200-day moving average and printing persistent lower lows, sellers remain in full control despite oversold 4H RSI conditions near 27.
💡 A brief tactical bounce toward 1.1250 is possible, but without macro relief, the path of least resistance points straight toward psychological support at 1.1000. 📊 Strong Treasury yields are keeping safe-haven demand anchored to the dollar, leaving buyers with zero leverage. 💬 Do you expect 1.1000 to hold as structural support, or is the Euro heading even lower? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #EURUSD #Forex #Macro #Trading #Crypto
🔴 📉
Entry: 1.1186 ⚡
Target: 1.1000 🎯
📌 Capital is fleeing the Euro as French government bond spreads widen to 17-year highs while debt overhang paralyzes policymakers. 📉 With EUR/USD trading well below its 200-day moving average and printing persistent lower lows, sellers remain in full control despite oversold 4H RSI conditions near 27.
💡 A brief tactical bounce toward 1.1250 is possible, but without macro relief, the path of least resistance points straight toward psychological support at 1.1000. 📊 Strong Treasury yields are keeping safe-haven demand anchored to the dollar, leaving buyers with zero leverage. 💬 Do you expect 1.1000 to hold as structural support, or is the Euro heading even lower? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #EURUSD #Forex #Macro #Trading #Crypto
🔴 📉