EUR/USD Forecast for July 16, 2026
The Euro has reached its initial target and is currently testing the 1/2 margin zone and the strike level in the 1.1472 area on the spot market.
The Dollar Index has finally consolidated below its 1/2 level, making a breakout of the 1/2 resistance on the Euro highly probable. In this scenario, the targets shift to the 1.1521 and 1.1571 areas.
Explore more in the EUR/USD Trading Hub →