Uniglobe Markets
Uniglobe Markets
June 19, 2025 at 07:03 AM
*EUR/USD Technical Overview* EUR/USD has recently entered a short-term corrective phase following a strong bullish rally. The pair saw a rejection near 1.1620 and has since trended downward, testing the 1.1450 support zone. The RSI is below the 40 level, showing weakening momentum, while moving averages are starting to align bearishly. Support and Resistance Levels Support: 1.1445, 1.1390 Resistance: 1.1515, 1.1580 Buy Scenario A clear bullish reversal from 1.1445 with price closing above 1.1515 could signal a recovery toward 1.1580 and higher. Sell Scenario Sustained rejection below 1.1515 and a break under 1.1445 would confirm further downside toward 1.1390.
Image from Uniglobe Markets: *EUR/USD Technical Overview*  EUR/USD has recently entered a short-ter...

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