Bearish trend remains ahead of the EU policy statement.EUR/USDOANDA:EURUSDFM-ForexMastermind🔔EUR/USD news: 👉 The EUR/USD exchange rate extended its decline for a third consecutive day, trading around 1.1660 during the Asian session. 👉 The Federal Reserve’s decision to keep interest rates unchanged continues to support the US Dollar, putting additional pressure on the Euro ahead of today’s Monetary Policy Statement release. Personal view: 👉 EUR/USD is showing bearish momentum after breaking below the key support zone at 1.1670 and may continue to decline throughout today’s session as the USD recovery still shows no clear signs of slowing down. 👉 At the same time, the SMA 34 crossing below the SMA 89 signals that a new bearish trend could be forming. Nearest resistance zone: 1.1740 Nearest support zone: 1.1632 Wishing you a successful trading day.