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EU analysis today: The downtrend is still clear

Hello everyone!

Today, the Euro has made efforts to recover after hitting a new low in several months below 1.0450. The 4-hour chart shows a clear downward trend, although there is some short-term recovery. The outlook remains bearish as long as this currency pair stays below the 1.0640 level.

And you? What do u think ?
הערה
good luck
הערה
Immediate support is located at 1.0475 (lower limit of the descending channel) before 1.0450 (static level) and 1.0420 (static level from November 2022).
הערה
EURUSD is up to 1.0522
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