The price is fluctuating around the EMA lines, with the EMA 34 above the EMA 89, signaling a short-term recovery but not strong enough to break the main downtrend.
A strong support level at 1.10300 has previously caused the price to bounce back. This is also the level that may be revisited if the downtrend continues.
The 1.1158 zone is a strong resistance. If the price fails to break through this area, the downtrend is likely to persist.
The RSI is at a neutral level, near 50, indicating that the market is balanced, with no signs of being overbought or oversold.
EURUSD could continue to decline towards the support level before retesting the resistance. If it fails to break the resistance, the downtrend may continue in the near future.