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互联财智

06/24 04:40

📊 EUR/USD Technical Analysis: Potential Bullish Rebound in Sight?

As seen in the recent 30-minute chart for $EUR EUR/USD (dated June 23, 2026), the currency pair has been under significant bearish pressure over the last few sessions. However, current indicators suggest we might be approaching a pivotal turning point or a potential short-term reversal.
Here is a breakdown of what the technicals are telling us:
📉 Market Overview & Trend:$EUR
The price action has been steadily declining, trading below both the MA 20 (Moving Average within the Bollinger Bands) and the MA 50, indicating a strong short-term bearish trend. The price recently hit a low around the 1.1379 mark.
🟢 Key Levels to Watch:$EUR
Pivot/Current Support: The price is consolidating near the current level of 1.1379. A blue arrow projection suggests an expected upward bounce from this region.
Immediate Resistance: If the bulls take control, the first target/resistance level lies at 1.1407.
Major Resistance: A breakout above the immediate resistance could push the pair toward the next major horizontal resistance line at 1.1421.
Downside Support: Should the bearish momentum continue, look for support at 1.1358, followed by deeper psychological support levels at 1.1335 and 1.1321.
📈 Indicators Insight:
RSI (Relative Strength Index): The RSI is currently hovering low at 30.61, which places it right on the verge of the oversold territory. This strongly suggests that the selling pressure might be overextended, paving the way for a corrective bounce.

MACD: The MACD lines are flattening out near the zero line, indicating that the downward momentum is beginning to slow down. Keep a close eye out for a bullish crossover.

🔍 Trading Outlook:
The chart projects a bullish path (indicated by the blue arrow) aiming to retest the 1.1407 and 1.1421 resistance zones. Traders looking for long opportunities might wait for a confirmed reversal pattern or a strong green candlestick breakout above the immediate minor resistance before entering. Conversely, a clear break below 1.1358 would invalidate this bullish setup.

What are your thoughts on EUR/USD? Will the support hold, or are we going lower? Let me know in the comments below! 👇

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