EUR/USD Analysis on June 3, 2025

EUR/USD Analysis on June 3, 2025

Back Wave analysis

Back Wave analysis

EUR/USD Analysis on June 3, 2025

The wave pattern on the 4-hour

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03.06.2025 07:38 PM

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03.06.2025 07:38 PM

The wave pattern on the 4-hour chart for EUR/USD has transformed into an upward structure and remains such. I believe there's no doubt that this transformation occurred exclusively due to the new U.S. trade policy. Until February 28, when the sharp decline in the U.S. dollar began, the wave structure appeared to be a convincing downward trend segment, with corrective wave 2 forming. However, Trump's weekly announcements about various tariffs took their toll. Demand for the U.S. dollar began to

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