EUR/USD Technical Analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The EUR/USD 4-hour chart displays a market currently trapped in a consolidation phase between support at 1.15935 and resistance at 1.16560. This price action follows a prior bearish trend, and the neutral RSI reading of 53.27624 confirms a lack of strong directional momentum. With the price hovering near 1.16350, the market is effectively waiting for a catalyst to drive a breakout or breakdown beyond these established technical boundaries to initiate the next trend.



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