EUR/USD PRICE ANALYSIS: The euro slides about 1,1100 as the bearish impulse accumulates

• The EUR/USD quotes around the 1100 zone after a strong fall in Monday’s session.
• Short -term indicators confirm a bassist feeling despite long -term contradictory signs.
• Key support levels are maintained below, while resistances are grouped just above the current range.

The EUR/USD pair quoted near the 1100 zone on Monday, reflecting a strong fall after the European session as sellers took control. The torque remains in the middle of its daily rank, suggesting that, although the bearish pressure is dominant, the market lacks a clear sign of rupture. The technical panorama is mixed, with short -term signs aligning more closely with the decline, while the long -term indicators offer a more favorable background.

From a technical point of view, the torque is showing a general bearish signal. The relative force index is in the 40s, reflecting neutral conditions without immediate overall pressure. However, the MACD prints a firm sale signal, confirming the recent downward impulse. The amazing oscillator is maintained around zero, indicating a neutral impulse, while the ultimate oscillator also remains in the 30, reinforcing the cautious tone.

Short -term tendency indicators are strongly inclined down. The exponential and simple mobile socks of 10 periods are close to the current price and have a descending slope, reinforcing the immediate sales pressure. In contrast, the simple mobile socks of 100 and 200 days in the long term remain well below the current area and continue with an ascending slope, suggesting that the broader structural support continues in its place despite the recent setback.

Support levels are identified in 1,1082, 1,1073 and 1,0909. The resistance is found in 1,1192, 1,1202 and 1,1225. A sustained movement below the immediate support zone could accelerate the fall, while a recovery would be needed above the resistance to challenge the prevailing bearish perspective.

Daily graph