EURUSD Buyers has Reduced Momentum
EURUSD has opened the week with a decline, reversing from the 1.03300 significant level. Following sustained bearish dominance since the start of the last quarter, the currency pair continues to struggle to regain upward momentum.
EURUSD Key Levels
Resistance Levels: 1.05300, 1.11330
Support Levels: 1.03300, 1.02000 
The EURUSD market has been on a bearish trajectory since September, with sellers intensifying their control after breaking below the critical 1.11330 level. This month, the pair dropped to the 1.03300 support zone, where buyers attempted a recovery last week. However, their efforts have faltered, and sellers are once again exerting pressure.
The Momentum indicator on the daily chart reflects weak momentum strength, contributing to the market’s subdued activity. Meanwhile, the Stochastic Oscillator suggests buyers are gradually regaining interest, hinting at a potential recovery in the coming days.
Although the market is currently consolidating, the lack of significant momentum from buyers leaves the pair vulnerable to further bearish moves. If sellers maintain control, EURUSD could test the 1.02000 support level. Conversely, a successful recovery from the current zone could push the pair toward the 1.05300 resistance level.
Market Expectation
In the shorter time frame, EURUSD remains in consolidation, with buyers showing limited strength. The Momentum indicator signals slight improvement but lacks a clear directional impulse. 
If buyers manage to gather momentum, the price could rise toward the 1.04000 level in the medium term. However, if sellers maintain dominance, the pair may retest the 1.03300 support level, reinforcing bearish sentiment. Forex signals indicate that traders should monitor these critical levels closely for potential opportunities.
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