FX.co ★ EUR/USD analysis for June 30, 2023 - Breakout of the rising trendline in the background

Technical analysis:

EUR/USD has been trading-downside in the background as I expected and I see potential lfor the further drop due to the lack for buyers.

Due to the breakout of the rising trendline in the background and lack for buyers, I see potential for the further drop towards lower reference at 1.0670

MACD oscillator is showing increase in the downside momentum, which is good sign for the further downside movement.

Key resistance is set at the price of 1.0975