EURUSD: SELL 1.1305, SL 1.1330, TP 1.1100 | 25 Abril 2025

In terms of activity, the previous trading day wasn’t very eventful for this currency pair. As expected, the price resumed its downward movement, but refused to break the previously established low, instead starting to gradually rebound from that level. This could be the beginning of an internal corrective structure, which might take some more time to develop. As it unfolds, the overall picture should become clearer. For now, everything still resembles the early phase of a downward impulse move. This means that once the internal correction is complete, the price is likely to continue declining — so traders should be ready to enter short positions. The most straightforward entry point at this stage remains the breakout of the current local low. Investment idea: SELL 1.1305, SL 1.1330, TP 1.1100