EUR/USD Extends Intraday Descent Below 1.1400 as USD Firms
The EUR/USD pair fell below 1.1400 during Asian trading on Tuesday, snapping a three-day winning streak and stalling its recovery from the lowest level since May 2025.
EURUSD
The EUR/USD pair attracted sellers during the Asian session on Tuesday, continuing its intraday decline below the 1.1400 mark. This move snapped a three-day winning streak and paused the recent recovery from the lowest level since May 2025. The firming of the US dollar is cited as a key driver behind the pair's weakness.
Traders are likely monitoring further USD strength for additional downside in EUR/USD. The pair's near-term outlook remains bearish as it struggles to hold above the 1.1400 handle.
Source: FXStreet Forex News