EUR/USD – 28.05.2025
The Euro corrected as the market still holding inside an uptrend channel as we see on the chart.
Market support is around 1.1265-85, where as long as prices hold above it, the advance wave could sustain with resistance around 1.1440.
Above 1.1440 more advance will be expected toward 1.1575.
Below 1.1265 more of a drop is likely with supports around 1.1200 and 1.1130.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1265-85 | 1.1375 |
| LEVEL2 | 1.1200 | 1.1440 |
| LEVEL3 | 1.1130 | 1.1575 |
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Great insight on the uptrend channel. With 1.1265 holding so far, I’m curious if we’ll see bulls push for 1.1440 soon—especially if fundamentals stay supportive.