EURUSD possible drop to support level

The downward trend for EURUSD is anticipated to persist, having peaked at 1.10 last week before a rapid retreat.
The failure to breach this resistance level for the second time signals robust downward pressure against bullish movements. Although short-term corrections may occur in the upcoming week, the overall outlook favors a decline. The potential liquidity and turning point for EURUSD are projected to be around the 1.78 mark.