EURUSD trend analysis Friday, June 25
Is the euro coming out of the neutral phase?
The short-term trend of the Euro against the US Dollar is neutral and the EURUSD pair fluctuates above the rate of $ 1,1846. According to sellers, a break of $ 1,1846 could push the downtrend starting from $ 1,265 to the support of $ 1,1703. In the eyes of buyers, if the EURUSD pair crosses above the four-hour moving average of 55 days at $ 1.1976, the short-term trend of the market will rise to the resistance of $ 1.2265.