EUR/USD Daily Chart Analysis For Week of May 1, 2026Euro/US DollarFX:EURUSDTradeSelecterTechnical Analysis and Outlook: During the current trading session, the Eurodollar has exhibited a significant pump-and-dump trading pattern. The currency retested the Mean Support level at 1.168 and subsequently surged to reach the Mean Resistance level of 1.178, before experiencing a substantial decline. An analysis of the Eurodollar market suggests a gradual descent towards a Mean Support level of 1.166, with an extended Mean Support target at 1.159, and towards its ultimate destiny: an Inner Currency Dip at 1.156.