12 Mar 2026
πΆ EUR/USD Alert β Bears Still in Control!
π Current Price: ~1.1550
β‘ Bias: Mildly bearish β trades below 9-day EMA and 50-day EMA
π‘ RSI: 14-day RSI at 31 β persistent bearish pressure near oversold
π½ Support Levels:
1.1468 β 7-month low
1.1391 β 9-month low / descending channel lower boundary
πΌ Resistance Levels:
1.1624 β 9-day EMA
1.1727 β 50-day EMA
1.1750 β upper channel boundary
β‘ Trading Insight: EUR/USD remains under seller control; further slide likely unless price recovers above 1.1600.
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