EURUSD Near Term: Downside favored
Technical View: Short position below 1.165. Target 1.158. Conversely, break above 1.165, to open 1.167.
Comments: The pair remains under pressure. Further weakness favored.
Key levels: 1.1690 1.1670 1.1650 1.1602
Last Price: 1.1580 1.1560 1.1540