It is not difficult to see that the EUR/USD is still in the upward channel formed since the rally from the low in 2022. Although the strong rally that began in April 2024 was stymied near 1.1275 and began a sustained decline. However, as long as the EUR/USD can close the month above the 2015 low of 1.0463, there is still a chance of an uptrend. In the future, if the EUR/USD can re-break above the opening price of 1.1032 in 2024, then the EUR/USD will basically not fall.