EURUSD Hello traders. It is evident that yesterday's selling zone at 1.1794-1.1808 was only activated today, indicating the need to be patient as the correction may not occur immediately. The currency pair EURUSD continues to experience pressure amid escalating trade tensions following the introduction of new tariffs by the Trump administration, which increases demand for the dollar as a safe-haven currency. Upon retesting the price level of 1.1794 and forming a reversal pattern, it is recommended to open a short position. The initial target for taking profit is 1.1744. The remaining part of the trade is suggested to be closed in the full margin zone, located in the range of 1.1712-1.1691. A daily candle closing above the level of 1.1855 signals the beginning of an uptrend.
