Update: Euro under the negative pressure

The EURUSD pair traded with strong negativity to break 1.1780 level and reactivate the bearish trend scenario suggested in our recent reports, approaching from 1.1679 level now, being aware that it is important to monitor the price behavior when reaching this level, as breaking it will push the price to extend its losses on the short term basis, while the decline will remain dominant unless the price managed to breach 1.1850 and hold above it.