EURUSD: Are we in a recessionary environment?

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Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.09500 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.09500 support and resistance area.
Trade safe, Joe.

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Ghi chú

EURUSD is trading above 200 MA on the 4h chart

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Goolsbee: If inflation and the job market continue to cool, the fed should cut!

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us labor slowing may push EURUSD up to the resistance level

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DXY is approaching a decent support

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EURUSD is testing the 1.09600 resistance

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After a breakout above the trend EURUSD is back once again below as recession risks rise, was it a fake out?