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24.06.202504:51 Forex Analysis & Reviews: EUR/USD Forecast for June 24, 2025

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

On Monday, the euro successfully broke through the linear resistance at 1.1535 and the MACD line. From the opening of the Pacific session, the price continued to rise steadily toward the target level of 1.1692.

Exchange Rates 24.06.2025 analysis

A breakout above this resistance may extend the upward movement toward the price channel line near the 1.1820 mark.

Exchange Rates 24.06.2025 analysis

On the H4 chart, the price has strongly broken above all existing resistance levels, while the Marlin oscillator has moved into bullish territory. The upward trend is confirmed on both the daily and four-hour timeframes.

Laurie Bailey
Analytical expert of InstaForex
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