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fxJul 13, 2026, 3:18 AM

EUR/USD Flag Breakdown Signals More Downside to 1.1325

EUR/USD faces selling pressure as the US dollar strengthens on safe-haven demand, with a flag breakdown pointing to further declines toward 1.1325.

EURUSD

EUR/USD is trading around 1.1390 in mid-Asian trade on Monday, holding opening losses as the US dollar starts the week on a strong note. The dollar's safe-haven appeal has increased, weighing on the euro.

Technically, a flag breakdown pattern suggests additional downside pressure. The next target is seen at 1.1325, with bears in control as long as resistance holds.

Source: FXStreet Forex News