Tue, 15 Jul 2025 10:35:03 GMT
EUR/USD Technical analysis
In the short term, the EUR/USD is trading within a descending channel, which could indicate further downward movement. If this bearish pattern continues, the pair may move lower to test the key support level around 1.16100, potentially closing the gap created in previous sessions.
However, there is also potential for short-term bullishness. If the U.S. dollar weakens due to softer