Technical analysis EURUSD for 24.06.2026
The pair continues to respect the broader downtrend but shows signs of a technical upward correction toward the key pivot at 1.1380. Bears must defend this zone firmly to prevent a further advance to 1.1420, which would question the viability of continued downside momentum.
Key Levels:
□ 1.1380 – Pivot resistance
□ 1.1420 – Next resistance
□ 1.1330–1.1340 – Immediate support
Primary Scenario:
Pullback to 1.1380, followed by a renewed decline toward 1.1330–1.1340.
Alternative Scenario:
Break and sustained move above 1.1380, targeting 1.1420.
Analyst Commentary:
The current risk-to-reward ratio is unfavorable, making safe entries from present levels impractical. It is advisable to wait for the market’s reaction at the 1.1380 level before considering new positions.