✅EUR_USD is falling in a downtrend And the pair has already lost almost 9% from the local highs Which is a LOT for such a major pair, especially given That the bulk of the action happened in the last few weeks So the pair is locally oversold And I think that those who are in the short trades Are looking for a level at which to close their positions At least partly, and the first strong structure is around 1.1179 From there I would be expecting a pullback and a bullish correction So If we see reversal signs, it would be a great place to buy IF the level is broken, however, then the nearest support Would be 1.0759 level, which looks iron-clad And so the pair will most certainly go up from this level LONG🚀
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