EUR/USD Returns Above 1.16147

Research preview

EUR/USD Hourly, Daily And Weekly Candle Charts EUR/USD is trading near 1.15870 against the daily pivot at 1.15591, so the chart set below separates the intraday reaction from the daily close and the wider weekly position. EUR/USD H1 candlestick chartOn H1 with price near 1.15870 keeps the upside case alive while pullbacks stay controlled. The quality of the move depends on buyers held the latest candle above its open inside a 1.15825-1.15892 candle range, the recent sequence is still pressing higher, while price remains above pivot 1.15591. A stronger read requires the next hourly close should either defend the reaction zone or expose a false start; Against the level map,...