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Forex

Euro-Dollar Enters Critical Support Zone as Analysts Flag Further Losses

Guavy AI Editorial Team
Instruments
EUR
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The Euro-Dollar exchange rate has slipped into Lloyds' critical support zone, putting the June low in focus as Goldman Sachs forecasts further losses over six months.

The EUR/USD pair traded around 1.1334 on Tuesday afternoon, down 0.34% from Monday's close after touching 1.1329 intraday.

Lloyds warns that if the pair fails to hold above 1.1325-54, it would suggest a broader reversal of the 2025-26 rally is underway, leaving 1.1214 exposed and potentially creating room for a decline below 1.1000.

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