EUR/USD Analysis for June 29, 2026: Can Bulls Defend the 1.1300 Floor?



EUR/USD is testing a key long-term floor while the Fed chair and ECB president share the same stage this week.

The pair has dropped sharply from its 2026 highs, and now it’s facing the same two forces that drove it lower in the first place: Fed hawkishness and a stronger dollar.

At the same time, the charts are flashing deeply oversold readings, so bears may need fresh fuel to keep the pressure on.

Let’s break down EUR/USD’s key technical levels this week: