Trading Signals for EUR/USD for September 22 -24, 2025: buy above 1.1700 (200 EMA - 8/8 Murray)

The euro is trading around 1.1730, reaching the support levels of the uptrend channel formed on August 26.

The EUR/USD pair is under bearish pressure following the Fed's interest rate decision unveiled last week. A recovery in EUR/USD is likely in the coming days. We could then look for a possible buy zone around 1.1700.

The area where the Murray 8/8, the bottom of the uptrend channel, and the 200 EMA converge could serve as good support for the euro. Therefore, we could expect a technical rebound above this area, which will be seen as a buying opportunity.

Conversely, if the euro breaks below 1.1703 and consolidates below this area, the instrument under bearish pressure could reach 1.1506 or even the psychological level of 1.1500.

The Eagle indicator is showing a negative signal. So, in case of any technical bounce and trading below 1.1840 will be seen as a signal to continue selling in the coming days.