EUR/USD Reaches Target and Reversal Zone!

EUR/USD Reaches Target and Reversal Zone!

In the last analysis on February 27, 2025, EUR/USD was on the verge of a breakout, with the target zone at 1.0900 considered a realistic objective. Now that this level has been reached – what comes next?

From a macroeconomic perspective, the overall picture remains largely unchanged. However, the euro could show some weakness in the coming days, while the US dollar may gain slight strength. This increases the likelihood of a potential shift towards a short scenario.

Technically, the zone around 1.0920 has been of interest for quite some time, and its significance is now being confirmed. As long as the 1.0930 level is not sustainably breached, the downward trend remains intact. Initial targets for shorts are at 1.0780, followed by 1.0680.

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