EUR/USD At Risk of Drop Toward 1.0550

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/2018/05/f-eur-usd-8.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>Key Highlights EUR/USD extended losses and traded below 1.0650. A key bearish trend line is forming with resistance near 1.0700 on the 4-hour chart. GBP/USD is diving and trading below the 1.2350 level. USD/JPY is eyeing more gains above the 148.50 level. EUR/USD Technical Analysis The Euro started a fresh decline after it failed to [&#8230;]</p>
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