
Uniglobe Markets
May 28, 2025 at 06:44 AM
*EUR/USD Technical Overview*
EURUSD has reversed sharply from recent highs and is now in a clear downward channel. The price has dropped below short-term moving averages, and RSI near 33 indicates bearish momentum nearing oversold territory.
Support Levels
1.1300, 1.1265
Resistance Levels
1.1345, 1.1375
Buy Scenario
Buy scenario if price reverses and breaks above 1.1345 with confirmation; target 1.1375, stop-loss below 1.1300.
Sell Scenario
Sell continuation below 1.1300 aiming for 1.1265; stop-loss above 1.1330.
