EUR/USD is a way of measuring how much euros are worth compared to US dollars. Sometimes the value of euros goes up or down. This article talks about how the value of euros has been staying strong even when people are taking risks with their money. It also talks about some signs that show where the value of euros might go in the future, like a chart and some indicators. The article thinks the value of euros will probably go down a little bit before going up again. Read from source...

- The title is misleading and sensationalized. It implies that the EUR/USD pair has shown some strength or resilience in the face of market risks, but the rest of the article does not support this claim. Instead, it presents a bearish outlook based on technical analysis indicators.
- The author uses vague and ambiguous terms like "risk appetite" without defining what they mean by that or how they measure it. This makes the argument less convincing and more subjective.
- The article lacks historical context and comparison with previous market conditions. It does not explain why the current situation is different or worse than before, or how investors should adjust their strategies accordingly.
- The technical analysis section relies on arbitrary parameters and projections that are not based on any fundamental or statistical evidence. The use of chart patterns, moving averages, MACD, and Stochastic oscillator does not prove anything by itself, without providing the underlying assumptions and methodologies. Moreover, these indicators can be interpreted in different ways depending on the time frame and market conditions, so their reliability is questionable.
- The article ends with an ambiguous statement that suggests a possible reversal of the trend after reaching 1.0720. This creates uncertainty and confusion for readers who might want to trade the currency pair based on this information. It also contradicts the bearish tone of the rest of the article, which implies that the price will keep declining regardless of any short-term fluctuations.

First of all, I want to congratulate you on your interest in EUR/USD trading. It is a highly liquid and popular currency pair that offers many opportunities for profit and loss. As an AI assistant, my goal is to help you make informed decisions based on the data and analysis provided by Benzinga and other sources. However, I also want to remind you that investing always involves risk and that past performance is not a guarantee of future results.

That being said, here are some possible scenarios and recommendations for trading EUR/USD in the near term:

- Scenario 1: The EUR/USD pair rebounds from its current level and rallies towards the resistance zone around 1.0950, which is also the 20-period moving average on the H4 chart. This could be driven by positive economic data from Europe or a decline in US dollar strength due to uncertainty over the fiscal stimulus package or rising COVID-19 cases. In this case, you might consider selling the EUR/USD pair at resistance or placing a limit order below the current price with a take profit of 10-20 pips. Alternatively, you could buy a currency pair that has a negative correlation with the EUR/USD, such as USD/JPY or AUD/USD, and benefit from a drop in the EUR/USD value.