EUR/USD Technical Analysis – June 20, 2025
The euro continues its rebound against the U.S. dollar, trading above the critical pivot point at 1.1480. The Relative Strength Index (RSI) suggests growing bullish momentum, hinting at a possible continuation toward 1.1575 in the near term.
As long as EUR/USD holds above the pivot, traders should remain focused on long setups. However, a break below 1.1480 may open the door to renewed downside pressure.
🔍 Key Levels and Indicators
- Pivot Level: 1.1480
- RSI Trend: Bullish above 50 – indicating continued buying interest
✅ Preferred Scenario – Bullish Continuation
- Buy Above: 1.1480
- Target 1: 1.1555
- Target 2: 1.1575
Comment: The current structure favors long trades as the price moves above key resistance, supported by a positive RSI trend.
⚠️ Alternative Scenario – Bearish Reversal
- Sell Below: 1.1480
- Target 1: 1.1455
- Target 2: 1.1430
If the euro fails to hold above 1.1480, selling momentum may return, pushing the pair lower toward support levels.
📊 RSI and Price Action Insight
The RSI has broken above the 50 neutral zone and is pointing higher, suggesting strong buying interest and potential for further upside toward 1.1575. Any bearish reversal would likely require a move back below 1.1480, invalidating the current bullish structure.
📌 Support and Resistance Levels
Resistance Zones:
- 1.1555 (Near-term high)
- 1.1575 (Psychological round number)
Support Zones:
- 1.1480 (Pivot)
- 1.1455 (First support)
- 1.1430 (Lower range)
🌐 Macroeconomic Context Driving EUR/USD
- Dollar Weakness: Recent U.S. data suggest a slowing economy, weighing on the dollar.
- ECB Policy Clarity: Hawkish sentiment from the European Central Bank supports euro demand.
- Inflation Trends: Eurozone inflation remains sticky, keeping rate hike expectations alive.
- Risk-On Market Sentiment: Global risk appetite is fueling carry trade interest in EUR.
Day Trading Strategy for June 20
- Focus on buy opportunities above 1.1480.
- Use confirmation from RSI and candlestick patterns.
- Set a tight stop below 1.1450 for risk control.
- Avoid false breakouts by waiting for price action confirmation above resistance.
Frequently Asked Questions (FAQs)
Q1: What is today’s pivot point for EUR/USD?
A1: 1.1480
Q2: Is the EUR/USD trend bullish today?
A2: Yes, as long as the pair stays above 1.1480.
Q3: What are the main upside targets?
A3: 1.1555 and 1.1575
Q4: What should I watch if the price falls?
A4: Support at 1.1455 and 1.1430 could be tested.
Q5: What does the RSI indicate?
A5: RSI is bullish, signaling the potential for another upward leg.
Q6: Can this analysis be used for intraday trades?
A6: Yes, it’s tailored for intraday and short-term forex strategies.
Q7: What risks should traders consider today?
A7: Watch for any reversal signals below the pivot level and unexpected U.S. data releases.
Disclaimer:
This content is for informational and educational purposes only. It does not constitute financial advice or a recommendation to trade. Forex trading involves risk and may result in loss of capital. Always consult a professional financial advisor before making investment decisions.
