![[Must Watch] Is EUR/USD Returning to an Uptrend? What the Battle at 1.1330 Means?](https://fixiomarkets.com/storage/Article/ewwdInkC2dRNihiMUPBjyIJEbxNlgqYUlLWyesnd.jpg)
As of May 23, 2025, the EUR/USD (Euro/US Dollar) is trading near 1.1330, testing short-term resistance. On the 1-hour chart, signs of recovery from a recent pullback in the uptrend are emerging, raising expectations for a return to bullish momentum. This article analyzes future developments using fundamental technical analysis tools such as moving averages (MA50 and MA200), MACD, and RSI.
Source: cTrader Platform
The current price has slightly broken above the blue 50-period moving average (MA50), with support forming around the 1.1300 level. The red 200-period moving average (MA200) lies lower, near 1.1250, indicating an overall bullish tone. This movement can be interpreted as the early stage of a rebound.
The MACD histogram is shrinking, suggesting that the downward momentum is slowing. The MACD line is approaching the signal line, raising the possibility of a golden cross. If confirmed, this would be viewed as a buy signal.
The RSI is hovering around 50, indicating a balance between buying and selling pressures. If the RSI rises above 60, it will confirm stronger buying pressure and raise expectations for further gains.
| Level | Price | Comment |
|---|---|---|
| Immediate Resistance | 1.1335 | Matches the upper range limit |
| Next Resistance | 1.1360–1.1380 | High zone from early May 2025 |
| Short-term Support | 1.1300 | Location of the 50-period MA |
| Major Support | 1.1250 | Corresponds to the 200-period MA |
EUR/USD is currently in a rebound phase following a short-term bottom, with technical indicators pointing to the early stages of a potential uptrend. The confirmation of a MACD crossover, an RSI breakout, and support at moving averages will be key to determining future direction. If the 1.1335 breakout is confirmed, the next realistic target lies in the 1.1360–1.1380 range.
This article is intended for informational purposes only and does not constitute financial or investment advice. The analyses and strategies mentioned are based on past data and current market conditions, and may be subject to change in the future. When making investment decisions, always conduct your own research and consult a professional if necessary.
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