EUR/USD Technical analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
EUR/USD is consolidating around the key 1.16500 pivot level, with resistance at 1.17280 and support at 1.15880 and 1.15420. The price is hovering around the 60.00-period SMA, indicating a sideways market, while the RSI at 49.50 shows neutral momentum.



A bullish scenario would see a decisive break above 1.16500, paving the way toward 1.17280 resistance. A bearish scenario would occur if the price fails to hold 1.16500, potentially pushing it down to test support at 1.15880.
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