EUR/USD: Technical Structure Points to Downside Potential Amidst Consolidation

Good morning, KoraFX community. My analysis today focuses on the EUR/USD pair, which is currently trading around 1.0844. The market has been moving sideways, displaying a notable lack of directional conviction in the short term, with a 24-hour change of -0.06% and a day range between 1.08349 and 1.0853. My approach remains objective, trading what the chart presents.

Technical Analysis and Market