Uniglobe Markets
Uniglobe Markets
June 17, 2025 at 06:54 AM
*EUR/USD Technical Overview* EURUSD remains in a consolidation phase after rallying strongly last week. Despite recent pullbacks, the pair is holding above key moving averages, indicating ongoing bullish interest. RSI at 50.38 suggests a neutral momentum at present, awaiting directional clarity. Support and Resistance Levels • Support: 1.1520, 1.1470 • Resistance: 1.1600, 1.1635 Trade Scenarios Buy Scenario: A break and close above 1.1600 could attract buyers aiming for 1.1635 and higher. Sell Scenario: A drop below 1.1520 may expose the pair to further downside toward 1.1470.
Image from Uniglobe Markets: *EUR/USD Technical Overview*  EURUSD remains in a consolidation phase ...

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