The Euro Dollar currency pair EUR/USD ended the trading week with growth near the level of 1.1749. Moving averages indicate a bullish trend for the pair. Prices broke through the area between the signal lines upwards, indicating pressure from buyers of the European currency and a likely continuation of growth from current levels. As part of the Euro exchange rate forecast for the trading week, we can expect an attempt to develop an uptrend in the EUR/USD pair and a test of the resistance area near the 1.1805 level. From there, a downward rebound and a continuation of the decline in the euro-dollar currency pair are expected during the current trading week. The potential target for growth is the area below the 1.1105 level.
EUR/USD Weekly Forecast June 30 — July 4, 2025
An additional signal in favor of a decline in the EUR/USD pair on Forex will be a test of the broken trend line on the relative strength indicator (RSI). The second signal will be a rebound from the upper border of the “Wedge” reversal pattern. A strong rise and a breakout of the 1.1955 level will cancel the possibility of a decline in the Euro-Dollar pair during the current trading week of June 30 – July 4, 2025. This will indicate a breakout of the resistance area and a continuation of the pair’s growth to an area above the 1.2265 level. With a breakout of the support area and the closing of quotes below the level of 1.1485, we should expect confirmation of the decline in the pair’s quotes, which will indicate a breakout of the lower border of the “Wedge” reversal pattern and the beginning of the pattern’s implementation with targets below.
EUR/USD Weekly Forecast June 30 — July 4, 2025 suggests an attempt at a bullish correction and a test of the resistance area near the 1.1805 level. From there, we can expect a downward price rebound and a continuation of the pair’s decline on the Forex market to an area below the 1.1105 level. An additional signal in favor of a decline will be a test of the resistance line on the relative strength index (RSI). A strong rise and a breakout of the 1.1955 level will cancel the Euro Dollar decline scenario. In this case, we should expect the pair to continue rising with a potential target at 1.2265.
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