EURUSD Near Resistance _ And the Dollar May Add PressureEuro vs. US DollarFX:EURUSDpejman_zwinCurrently, EURUSD(EURUSD) is trading within a resistance zone($1.4430-$1.1411). From an Elliott Wave perspective, EURUSD appears to be completing microwave C of microwave Y from the main wave 4. Also, we can see a Regular Bearish Divergence (RD-) between the last two consecutive peaks. I expect EURUSD to fail to break above the resistance zone($1.4430-$1.1411), or even make a fake breakout above it before starting another bearish move. One of the reasons could be my bullish outlook on the DXY Index(DXY). A bullish trend in the DXY index could lead to a decline in EURUSD. First Target: $1.1389 Second Target: $1.1359 Third Target: $1.1330 Stop Loss(SL): $1.1473(Worst) What’s your view on EURUSD? Do you think the pair can break above this resistance zone($1.4430-$1.1411) or not? 💡 Please respect each other's opinions and express agreement or disagreement politely. 📌 Euro/U.S Dollar Analyze (EURUSD), 1-hour time frame. 🛑 Always set a Stop Loss(SL) for every position you open. ✅ This is just my idea; I’d love to see your thoughts too! 🔥 If you find it helpful, please BOOST this post and share it with your friends.