Mallicast Team's Analysis for EUR/USD:

٢٦ أغسطس ٢٠٢٤

The Mallicast team predicts that the EUR/USD pair might initially drop to 1.11477 today, followed by a potential rebound to 1.12793. Based on the monthly chart analysis, the euro is currently in a resistance zone, and after absorbing the necessary liquidity, it could experience a strong downward momentum.