EUR/USD Technical analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The FX pair has been trading sideways in the short term, signaling a period of consolidation as market participants await clearer directional cues. A recent attempt to break above the key resistance level at 1.14400 proved unsuccessful, resulting in a pause in bullish momentum and a shift toward a more neutral tone. This failed breakout may suggest that buying interest is waning, at least temporarily, and that bulls are lacking the conviction needed to drive prices higher.



If the pair is unable to regain upward traction in the coming sessions, attention may shift toward the downside. In that case, the 1.0900 support level could come under renewed scrutiny. A decisive break below this level may open the door to further downside pressure, potentially exposing the pair to deeper corrective moves.

On the other hand, sustained consolidation above current levels may provide the foundation for another bullish attempt, especially if supported by positive macroeconomic data or a shift in market sentiment.

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