{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/eurusd-bears-eye-breach-of-1-03520-key-level-amid-bearish-momentum\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/eurusd-bears-eye-breach-of-1-03520-key-level-amid-bearish-momentum\/","headline":"EURUSD Bears Eye Breach of 1.03520 Key Level Amid Bearish Momentum","name":"EURUSD Bears Eye Breach of 1.03520 Key Level Amid Bearish Momentum","description":"EURUSD Bears Target Breach of 1.03520 Level EURUSD bears are aiming to breach the 1.03520 key level amid ongoing bearish momentum. The currency pair has started this week with a strong bearish sentiment, as sellers continue the downward trend that began last month. Despite reaching the 1.12000 key level, one of its highest points in […]","datePublished":"2024-09-12","dateModified":"2024-09-12","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/09\/EURUSD-1DAY-.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/09\/EURUSD-1DAY-.png","height":458,"width":1195},"url":"https:\/\/forexschoolonline.com\/eurusd-bears-eye-breach-of-1-03520-key-level-amid-bearish-momentum\/","about":["Article","Article-com","charts","EUR\/USD","Featured Articles","Forex","FX Technical Analysis","Price Action Charts in Focus","Support & Resistance","Technical Analysis"],"wordCount":276,"keywords":["Daily Chart","EURUSD","Forex","forex price action","FX Technical Analysis","Market Expectation","Price Action","Price Chart","Technical Analysis","trading"],"articleBody":"EURUSD Bears Target Breach of 1.03520 LevelEURUSD bears are aiming to breach the 1.03520 key level amid ongoing bearish momentum. The currency pair has started this week with a strong bearish sentiment, as sellers continue the downward trend that began last month. Despite reaching the 1.12000 key level, one of its highest points in recent times, the bulls have struggled under pressure, allowing sellers to gain control.EURUSD Market ZonesResistance Zones: 1.11570, 1.11600 Support Zones: 1.10360, 1.10780EURUSD bears are now pushing the price down towards the 1.10360 key level. Last week, buyers attempted a strong recovery, but their bullish efforts only managed to lift the price up to the 1.11570 market zone.Currently, the market has shifted direction, moving lower in an attempt to breach the 1.10360 significant area. If the bears succeed in breaking through this key level, it could signal that the sell-off trend is likely to strengthen further.However, if buyers manage to reverse the trend, the Euro could regain strength. The Stochastic Oscillator still supports the bearish movement, and following the buyers’ setback, the Momentum indicator is also trending downward.Market ExpectationIn the short term, the bearish trend remains intact, with sellers still targeting a breach of the market. The Stochastic Oscillator and Momentum indicators continue to align with the bearish sentiment, suggesting that the downward trend may persist.EURUSD bears are currently focused on breaching the 1.03520 key level. This could signal further downside for the currency pair, a scenario closely watched by those following forex signals.Note: Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not\u00a0 for your investing results."}