FX.co ★ EUR/USD Analysis for March 02, 2022 - Potential for the further downside continuation

Trading reccomendation:

Based on the 1H time-frame, I found that EURUSD reached my first downside objective at 1.1110 nad that there is chance for the further downside towards second target.

Watch for potential selling opportunities on the rallies with the downside objective at the price of 1.1015.

Short-term and mid-term trends are down, which is another sign for the further downside continuation.

Resistane level is set at the price of 1.1110