EURUSD Potential Downsides

2023年6月19日Hey Traders, in today's trading session our attention is focused on EUR/USD, where we are closely monitoring a potential selling opportunity around the 1.10 zone. Previously, EUR/USD had been trading in an uptrend, but it has recently experienced a breakout from that trend. Presently, the currency pair appears to be undergoing a correction phase and displaying indications of a potential retracement from the resistance area at 1.10. Therefore, we are observing this development as it may present an opportunity for a selling position in the market.
Trade safe, Joe.