EUR/USD renews intraday high around 0.9650, snapping a five-day downtrend, as buyers keep reins inside a short-term triangle heading into Tuesday’s European session. That said, the major currency pair takes rounds to 0.9660 by the press time.
Given the MACD and RSI conditions favor the quote’s rebound from the two-decade low, EUR/USD buyers are likely to overcome the immediate hurdle surrounding 0.9660, including the stated triangle’s upper line.
However, a downward sloping resistance line from September 20, close to 0.9710 at the latest, holds the key to the pair’s further advances.
In a case where the EUR/USD buyers keep reins past 0.9710, the odds of witnessing a run-up towards the 50% Fibonacci retracement level of September 20-25 downside, around 0.9810 can’t be ruled out.
Alternatively, pullback moves need validation from the 0.9600 round figure, also including the stated triangle’s bottom.
Following that, a south-run towards refreshing the multi-year low is more likely. In that case, the latest trough near 0.9550 may act as the next rest for the EUR/USD bears before a six-month-old descending support line, around 0.9470 by the press time.

Trend: Limited upside expected
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.