Best Buying Zones for the EUR/USD Pair

The EUR/USD pair is currently moving in an overall upward trend on the daily timeframe.

The pair is currently attempting some expected corrections.

This comes after reaching strong selling pressures that began pushing the pair down.

Expected Scenarios

We have several possible scenarios for the EUR/USD price movement.

Scenario 1: A drop to buying pressure levels near 1.1663.

From there, we expect to see a return to the upward trend and a resumption of the upward movement.

This could lead to a retest of the supply levels.

Scenario 2: A break below the demand levels and a close below them.

 This could signal a change in the upward trend and

 the start of a strong downward movement that may continue.

To the next demand levels near 1.1550.