With the Federal Reserve expected to cut interest rates in December 2025, the U.S. dollar continues to weaken, creating an excellent opportunity for EUR/USD to rise further. On the 4-hour chart, EUR/USD has broken through important resistance levels and is currently moving within a clear ascending channel. With current prices around 1.1602, EUR/USD is likely to continue moving towards the 1.16500 area, which is a strong resistance level.

The 1.15500 area remains an important support level, helping EUR/USD maintain its upward trend. If the price continues to trade above this level, an EUR/USD buying strategy will still be advisable, with a short-term target of 1.16500.

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