EUR/USD 4H Technical Outlook: Range-Bound Consolidation

Note: This section contains information in English only.
Source: Dukascopy Bank SA
EUR/USD chart shows a neutral consolidation phase as the price oscillates tightly around the 36-period SMA, indicating a temporary loss of directional momentum. Currently trading just below the 1.17544 resistance, the pair is trapped in a horizontal range between the 1.16615 support floor and the 1.18472 ceiling. Until a decisive breakout occurs beyond these boundaries, the outlook remains sideways, though the recent struggle to maintain levels above the red median line suggests a slight bearish risk toward the lower support.



Volatility may continue to rise in light of this week's fundamental data and U.S. Treasury auction results, consistent with our previous outlooks.

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