EUR/USD Price Action Breaks Below Major Support – Technical Outlook – 10 October 2025

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“EUR/USD rose during the last intraday session in a modest attempt to recover some of its earlier losses, following a break below the key support level at 1.1575. This move highlights the weakness of current bullish momentum, as the pair remains under persistent bearish pressure.

The dominant short-term downtrend remains intact, with price action continuing to track along a descending trendline. Meanwhile, despite relative strength indicators signaling oversold conditions, bearish signals persist—suggesting that recovery potential may remain limited for now.”

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