After a strong breakout at the end of June, EUR/USD surged but has since entered a tight consolidation range. But don’t be discouraged — this could simply be a breather before the next big move!
On the chart, the bullish trend remains intact as price stays above key EMAs. Buyers aren’t backing down, and the market seems to be "catching its breath."
If EUR/USD breaks out of the current sideways zone around 1.1810, we could see another bullish leg aiming for higher levels.
On the chart, the bullish trend remains intact as price stays above key EMAs. Buyers aren’t backing down, and the market seems to be "catching its breath."
If EUR/USD breaks out of the current sideways zone around 1.1810, we could see another bullish leg aiming for higher levels.
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✅ Receive 7–10 high-quality signals daily for Forex, Gold, and Bitcoin
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✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.