Sara Khan 📊 Spot Trading Specialist | Market Strategist Decoding Trends & Defeating FOMO 📉🚀 Building Wealth, One Trade at a Time Follow to grow together! 👇
📉 EUR/USD Market Update: French Unrest Puts Euro Under Pressure Political unrest in France is weighing on the Euro, but heavily crowded EUR short positions could trigger a sharp rebound if selling pressure fades. 🔹 EUR/USD: Key support at 1.1152–1.1113. 🔹 Resistance: 1.1270, followed by 1.1312. 🔹 Bearish Factor: French political uncertainty and fiscal concerns. 🔹 Bullish Factor: Extreme short positioning and buyers defending the 1.1200 area. 🎯 Trading Outlook: A break below support could extend the downside, while a sustained recovery above resistance may strengthen bullish momentum. ⚠️ Wait for price confirmation before entering. These levels are from the cited analysis and may change with market conditions. #EURUSD #ForexNews #Euro #USD #TechnicalAnalysis