This article provides a technical outlook for EUR/USD as of May 23, 2025. It highlights the bullish momentum on the weekly chart with a potential engulfing candle, suggesting further gains. The daily chart analysis indicates the need for a daily close above 1.1366 for a structural change. The RSI on the daily timeframe supports a bullish bias, but a potential US Dollar recovery could lead to a pullback.
23-05-2025 11:07 GMT
by Zain Vawda