EUR/USD Price Analysis and Trade Forecast: Daily Trading Signal

Daily Price Outlook

- EUR/USD holds trendline support above $1.09519

- Break above $1.10484 may confirm bullish continuation

- RSI and EMA support ongoing upside momentum

The EUR/USD is attempting to reclaim upside momentum against the U.S. dollar following a healthy pullback from $1.10484. Price action remains supported by a firm uptrend structure, with a rising trendline dating back to mid-March and the 50 EMA at $1.08619 now acting as dynamic support.

After rebounding off the $1.09519 level—a key horizontal and psychological zone—EUR/USD is showing renewed buying interest as it tests the pivot area near $1.1000. The recovery has paused just shy of immediate resistance at $1.10484, and a clean breakout above this zone would clear the path toward $1.11480 and $1.12208.

RSI is currently at 59.40 and turning higher, suggesting building momentum without being overbought. The pair remains technically constructive as long as price stays above the 50 EMA and ascending trendline. A break below $1.09519 would invalidate the immediate bullish bias, exposing downside risk toward $1.08617 and $1.07512.

Overall, the recent dip appears corrective, and the bullish trend remains intact unless key support levels fail. If bulls manage to secure a decisive close above $1.10484, continuation toward $1.11511 becomes increasingly probable, with higher resistance zones within reach.

EUR/USD - Trade Ideas

Entry Price – Buy Above 1.09504

Take Profit – 1.11511

Stop Loss – 1.08632

Risk to Reward – 1: 2.3

Profit & Loss Per Standard Lot = +$2007/ -$872

Profit & Loss Per Mini Lot = +$200/ -$87