EURUSD | Technical Outlook
Market Structure
EURUSD is trading in a consolidation phase after a recent recovery, with price stabilizing above the 1.1750 area. Across the intraday timeframes (M15–H1), the pair shows sideways movement with shallow pullbacks, reflecting reduced participation and balanced order flow.
On the H4 and Daily charts, the broader structure remains constructive, as price continues to hold above rising medium-term moving averages, suggesting that the bullish recovery is still technically intact despite the current pause.
Key Resistance Zone
Immediate resistance is located around 1.1780 – 1.1800, a zone that has capped upside attempts in recent sessions.
Additional resistance levels:
• 1.1820
• 1.1860 (major daily resistance)
A clear break and hold above 1.1800 would signal renewed bullish momentum and open the door for further upside.
Key Support Zone
Strong support is holding at 1.1750 – 1.1735, aligned with intraday structure and short-term moving averages.
Below this area, the next supports are:
• 1.1700
• 1.1660 (key daily structure support)
As long as 1.1750 holds, downside pressure remains limited.
Expectations
Bullish Scenario (Primary)
If EURUSD holds above 1.1750, the pair may gradually grind higher toward 1.1780 and potentially retest the 1.1800 resistance zone. A breakout above this level would strengthen the bullish continuation outlook.
Bearish Scenario (Alternative)
A sustained break below 1.1750 would weaken the short-term structure and expose a pullback toward 1.1700, with deeper downside only likely if 1.1660 fails.
Outlook
EURUSD is consolidating within a tight range, maintaining a constructive medium-term structure. While short-term momentum is neutral, holding above 1.1750 keeps the bullish bias intact, with upside potential resuming once price clears the 1.1800 resistance zone.
