EUR/USD Daily Chart Analysis For Week of May 22, 2026Euro/US DollarFX:EURUSDTradeSelecterTechnical Analysis and Outlook: In the previous week's trading session, the Eurodollar declined sharply and is currently moving towards our projected target at the Inner Currency Dip level of 1.156. Market participants engaged in Euro trading should recognize that upon completion of the Inner Currency Dip at 1.156, there is an expectation of upward momentum toward the primary target, the Mean Resistance level at 1.162. Furthermore, there exists the potential for this In-Force rebound to extend to the subsequent Mean Resistance level at 1.166. Notwithstanding, traders/investors should be aware that an interim bounce to the vital Mean Resistance level at 1.162 might be traded before the main target of the Inner Currency Dip at 1.156 is reached.