EURUSD broke the Support level 1.14865

36
đź‘€ Possible scenario:
The euro (EUR) rose 0.07% on June 16, supported by safe-haven flows as geopolitical tensions escalated. The move followed U.S. calls for evacuation from Tehran after intensified Israeli strikes, with former President Trump blaming Iran for rejecting a nuclear deal.
Markets now eye the Fed’s upcoming policy decision and June 17’s U.S. Retail Sales report at 12:30 p.m. UTC. Strong data may push EURUSD down toward 1.15000, while weaker numbers could lift it back to 1.16300. Peace talk updates between Israel and Iran may also impact sentiment.
âś… Support and Resistance Levels

Now, the support level is located at 1.14740
Resistance level is located at 1.16330

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.