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Anton Kharitonov, a currency trading strategist, has predicted a bearish scenario for the EUR/USD pair despite its recent return above 1.1780. The expert foresees the pair declining towards at least 1.1700, indicating a potential downward trend.
However, Kharitonov acknowledges that a breach of the 1.1830 resistance level could alter this trajectory, setting the stage for a possible test of the 1.1860-1.1880 range. This outlook reflects ongoing market uncertainties and the dynamics affecting the currency pair.
Kharitonov’s outlook on the EUR/USD’s potential downturn arrives amid broader discussions about volatility across asset classes, including his recent analysis of robust performance in the Bitcoin and Ethereum markets. His prior coverage of Bitcoin’s ascent to $117,300 further highlights a climate of shifting investor sentiment that continues to shape trading strategies worldwide.