As of June 2024, the EUR/USD has been developing a decline wave, with an estimated target around 1.0444. After completing a corrective wave towards 1.0894, the pair is expected to form a consolidation range. If the price breaks downward, a new decline wave might start, aiming for 1.0675. Technical indicators show mixed signals, with some short-term bullish trends but overall bearish pressure.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.