Technical analysis
EUR/USD – Smart Money Analysis: A Corrective Pullback in the Euro Is Possible
EUR/USD remains within the local bearish
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03.08.2026 07:35 PM
EUR/USD remains within the local bearish impulse that began on April 17. Last week, the pair reacted to Imbalance 17, but quickly returned to its previous range. A second reaction to Imbalance 17 cannot be ruled out. The sharp decline in the U.S. dollar last week was driven by the Federal Reserve meeting, as well as economic data from both the euro area and the United States.It is worth recalling that last Wednesday, Kevin Warsh once again highlighted the problem
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