Elite Inner Traders

A Bearish Week for the Euro Dollar(Eur/Usd) 16/June/2025

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Michelle Mwende

June 16, 2025, 2:18 p.m.

This week we are expecting price to go lower on the Eur/Usd. This is following last week’s liquidity sweep on the upper side on the weekly chart. We might see the price retrace or go lower up-to level 1.14192 on the Eur/Usd chart. If it goes any lower than that, then it may reach level 1.13605 on the Eur/Usd chart. Since we are bearish on the Eur/Usd, we will mostly be looking to get into sell setups this week. We also have the Fed rates news for the dollar being released on Wednesday, which may make price abit volatile this week, so ensure you trade cautiously.

 

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