EURUSD | Technical Outlook
Market Structure – EURUSD Forecast
EURUSD forecast remains bullish as the pair continues holding above the 1.1740 – 1.1750 support zone after a strong impulsive recovery from recent lows. Price recently accelerated higher toward the 1.1770 resistance area, where buyers continue testing upside momentum across lower timeframes.
The broader structure on H4 and Daily reflects improving bullish momentum within a medium-term recovery trend. Momentum across H1 and M15 remains positive, supported by higher highs, strong bullish candles, and sustained trading above key moving averages, suggesting buyers currently maintain control of short-term direction.
Key Resistance Zone
Immediate resistance is located at 1.1770 – 1.1790, supported by:
- Recent swing highs
- Psychological resistance area
- H4 breakout structure
A confirmed breakout above this zone could trigger:
- 1.1820
- 1.1860 (higher timeframe bullish target)
As long as price remains above short-term support, bullish continuation remains favored.
Key Support Zone
Immediate support is seen at 1.1750 – 1.1735, which aligns with:
- H1/H4 moving average support
- Recent breakout structure
- Intraday bullish demand zone
A breakdown below this level would expose:
- 1.1710
- 1.1680 (major support area)
Holding above support remains essential to preserve the current bullish structure.
Expectations – EURUSD Forecast
Bullish Scenario (Primary)
If price holds above 1.1750, buyers may continue pushing the pair higher.
A breakout above 1.1790 could lead to:
- A move toward 1.1820
- Extension toward 1.1860
Current momentum continues favoring bullish continuation.
Bearish Scenario (Alternative)
Failure to hold above support may trigger a corrective pullback.
This could result in:
- A move toward 1.1735
- Further decline toward 1.1710
A deeper correction would weaken the short-term bullish outlook.
Outlook – EURUSD Forecast
EURUSD forecast remains positive after the pair regained upside momentum and approached the important 1.1770 – 1.1790 resistance zone. The broader structure continues favoring buyers while price remains above 1.1750.
A confirmed breakout above 1.1790 would strengthen the bullish outlook toward higher resistance targets, while a break below 1.1735 could trigger short-term corrective pressure before the broader uptrend resumes.
