EUR - Euro losses limited as U.S. tariffs on EU meet expectations

As for the trend of EUR/USD, the chart shows that the RSI and stochastic index are recovering from the oversold area, and the exchange rate can still hold the 25-day moving average. It is expected that the euro can continue to stabilize. The resistance level will look back to 1.0950, the next level will be the 1.10 mark, and then point to the 1.12 level. The supporting level will continue to pay attention to the 25-day moving average. The exchange rate has just been held above this indicator recently. The current 25-day moving average is at 1.08. The largest support is estimated at 1.0740 and 1.0680. The next level is expected to be 1.06.

Forecasted range:
Resistance 1.0950 – 1.1000* – 1.1200
Support 1.0800* - 1.0740 - 1.0680 – 1.0600

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