Published August 18, 2025

EURUSD is heading towards the support line of a Descending Triangle. If this movement continues, the price of EURUSD could test 1.1616 within the next 23 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

Past performance is not an indicator of future results.
Losses can exceed deposits.