EURUSD: SELL 1.1410, SL 1.1445, TP 1.1225 | 24 April 2025

This time, the price decided to act without tricks. Apparently, the fact that the yearly high was updated was enough to consider the upward impulse complete. Otherwise, we wouldn't have seen the recent decline, which is likely the beginning of a deep correction or even a full-fledged downward impulse. Over the next few days, the true market sentiment will become clearer. A continued decline is highly probable, after which a reaction from the euro is expected, potentially pausing the downtrend temporarily. However, that’s for later. For now, the setup still favors further downside, so it's worth looking for short-selling opportunities. Investment idea: SELL 1.1410, SL 1.1445, TP 1.1225