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Mar 03, 2026
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EUR/USD Chart on the hourtly time frameThe pair remains under clear selling pressure after breaking below the 1.1760 support area, currently trading near the lower boundary of the descending channel on the H1 timeframe. Bearish momentum is accelerating, with the MACD staying in negative territory and showing no strong reversal signals yet. Any rebound above 1.1700 could trigger a corrective move toward 1.1735, but the broader trend remains bearish unless 1.1760 is reclaimed. Overall Trend: Bearish Outlook: Selling pressure is likely to persist unless a clear break above 1.1760 occurs.
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