Fri, 05 Jun 2026 06:56:53 GMT
EUR/USD Technical Analysis
EUR/USD chart shows price transitioning from a short-term bearish markdown into a consolidation and basing phase, having successfully formed a structural floor between 1.1595 and 1.1600. After a sharp, impulsive rally that spiked to test key overhead pivot resistance at 1.1640, the pair underwent a healthy pullback to find solid dynamic support at the flattening 30-period Simple Moving Average, which