FX.co ★ EUR/USD turns bearish for a push down

The price remains under heavy downside pressure below 1.0585 resistance (pullback resistance, descending resistance) and we expect the price to make a further push down to 1.0450 support (Fibonacci retracement, horizontal swing low support).

RSI (34) sees a descending resistance line holding the price down.

Sell below 1.0585. Stop loss is at 1.0660. Take profit is at 1.0450.