The Euro Dollar EUR/USD currency pair continues to move within a growing and bullish channel. Moving averages indicate a short-term uptrend for the pair. Prices have broken above the signal lines, indicating upward pressure from buyers of the European currency and potential continued growth in the currency pair from current levels. At the time of publication of this forecast, the Euro to Dollar exchange rate is currently at 1.1741. As part of the Forex forecast for December 16, 2025, we expect an attempt to further increase prices and a test of the resistance level located near 1.1765 on the EUR/USD pair. Subsequently, a downward rebound is expected, and a bearish impulse is expected to develop in the Euro Dollar currency pair. The potential target for such a move on Forex is below 1.1575.
EUR/USD Forecast Euro Dollar for December 16, 2025
An additional signal in favor of a downward scenario for the EUR/USD currency pair tomorrow will be a rebound from the trend line on the RSI indicator. A second signal in favor of this scenario will be a rebound from the resistance level. A strong price increase and a breakout of 1.1885 will cancel out the downward scenario for the EUR/USD currency pair tomorrow. This will indicate a breakout of the resistance area and a continued rise to 1.2165. Expect confirmation of the downward scenario for the EUR/USD currency pair with a breakout of the support area at 1.1685, which will indicate a breakout of the lower boundary of the bullish channel.
EUR/USD Forecast Euro Dollar for December 16, 2025 suggests an attempt at a bullish correction in currency quotes, testing resistance near 1.1765. From here, we should expect a downward rebound in the EUR/USD pair and an attempt at a continued decline in the asset’s value to 1.1575. A rebound from the resistance line on the relative strength indicator (RSI) would be a further signal in favor of a decline in the Forex market. A strong rally and a breakout of 1.1885 would cancel the downward trend for the EUR/USD pair. This will indicate a breakout of the resistance zone and continued growth of the currency pair on Forex to 1.2165.
