Selling pressure on EURUSD - DXY recoversEUR/USDOANDA:EURUSDJJainy🔺Related Information: (EURUSD) The EUR/USD pair begins the week with a bearish gap as safe-haven flows tied to the US–Iran conflict lift the US Dollar. However, downside momentum remains limited, with spot prices stabilising above the mid-1.1700 area during Asian trading. Technically, the pair appears to have broken below the lower bound of its recent consolidation range, reinforcing the bearish outlook after repeated rejections near the 100-period SMA, which has shifted from support to resistance and signals scope for further near-term weakness. 🔜🔜🔜🔜🔜🔜🔜🔜🔜🔜 📌 Chart analysis: 🔗 Short-term timeframes: M15, M45, H1 Short-term timeframe - a gap of 1.18150 appeared at the beginning of the week. 🔗 Medium-term timeframes: H2, H4 In the long term, H2 and H4 charts are still showing accumulation. The market shows that only the DXY is experiencing volatility, while Europe is in a sideways phase. Key zones: 🔗 Supply zone (resistance): 1.18150 🔗 Demand zone (support): 1.17400 🔗 Three EMA moving averages; technical indicators: stochastic, volume set up signal : 🔗 SELL EURUSD 1.18150 - 1.18250 stoploss: 1.18550 Take profit : 1.17900 - 1.17400 - 1.17000 🔜🔜🔜🔜🔜🔜🔜🔜🔜🔜 ✏️ Personal opinion: The display of US military strength strengthens the dollar, the DXY recovers, putting selling pressure on EURUSD. 📥 Follow us for the most accurate gold price trends.