Note: This section contains information in English only.EUR/USD daily chart exhibits a dominant medium-term bearish trend, characterized by a well-defined descending parallel channel with sequential lower highs and lower lows. Currently trading around 1.14468, the pair is consolidating at a critical junction, testing both the immediate horizontal pivot zone and the upper boundary of the descending channel itself. A rejection at this descending resistance would signal a continuation of the bearish trend, targeting the recent swing low at 1.1326, whereas a decisive daily breakout above the channel would shift the short-term bias to bullish, opening the path toward key overhead resistance levels at 1.1596 and 1.1794.
Fri, 17 Jul 2026 11:41:00 GMT
Source: Dukascopy Bank SA