Trading Signals for EUR/USD for June 18-22, 2025: sell below 1.1540 (21 SMA - 7/8 Murray)

Trading Signals for EUR/USD for June 18-22, 2025: sell below 1.1540 (21 SMA - 7/8 Murray)

Back Technical analysis

Back Technical analysis

Trading Signals for EUR/USD for June 18-22, 2025: sell below 1.1540 (21 SMA - 7/8 Murray)

Early in the American session, the

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18.06.2025 02:16 PM

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Early in the American session, the euro is trading under bearish pressure around 1.1502, below the 21-SMA and within the uptrend channel formed since early May. If the euro price consolidates below the 21 SMA located at 1.1537 in the coming hours, it will be seen as a selling opportunity. Targets could be at the bottom of the uptrend channel or around 1.1406, and it could even reach the 200-EMA around 1.1373.The Federal Reserve will announce its interest rate decision.

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