The Euro Dollar EUR/USD currency pair continues to move within a developing correction and bullish channel. Moving averages indicate a short-term uptrend for the pair. Prices have broken above the area between 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 the forecast, the Euro to Dollar exchange rate today is 1.1623. As part of the Forex forecast for December 9, 2025, we expect an attempt to continue the decline and a test of the support level located near 1.1580 for the EUR/USD pair. Subsequently, an upward rebound in prices and the beginning of a bullish momentum in the Euro Dollar currency pair is expected. The potential target for such a move on Forex is the area above 1.1765.
EUR/USD Forecast Euro Dollar for December 9, 2025
An additional signal in favor of a growth scenario for the EUR/USD currency pair tomorrow will be a rebound from the support line on the RSI indicator. A second signal in favor of this scenario will be a rebound from the upper boundary of the descending channel. A price decline and a breakout of 1.1525 will cancel the upward scenario for the EUR/USD currency pair tomorrow. This will indicate a breakout of the support area and a continuation of the decline to 1.1345. A breakout of the resistance area at 1.1715 should confirm the growth of the EUR/USD currency pair.
EUR/USD Forecast Euro Dollar for December 9, 2025 suggests an attempt at a bearish correction in currency quotes with a test of the support level near 1.1580. Where should we expect an upward rebound in the Euro/Dollar currency pair and an attempt to continue the asset’s price growth to 1.1765? A rebound from the support line on the relative strength indicator (RSI) will serve as a supporting signal for an uptrend in the Forex market. A decline in the EUR/USD pair and a breakout of 1.1525 will cancel out the upward trend. This will indicate a breakout of the support zone and a continued decline in the currency pair on Forex to 1.1345.
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