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EURUSD
Short Entry 1.1769 2025-09-09 20:44 UTC
Target 1.1564 Fail 1.1773
Risk/Reward 1 : 53
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EURUSD
Pending
Forex
Technical
1H
Analysis Predict Bear Market
The analysis focuses on EURUSD, GBPUSD, and DXY. For EURUSD, the analyst notes a breakout on Monday but doubts its validity, suggesting a potential retest of 1.1716, then failed break toward 1.1564. Resistance is noted at 1.1773. For GBPUSD, a sideways trend is identified within a range; resistance is found at 1.3579. The pound has key unfinished auctions at 1.3484 and 1.3418. DXY must close above 97.70, then the market will likely move higher, targeting unfinished auctions around 98.44 or 98.83. Otherwise, if it’s rejected around 97.70, then the DXY will likely move lower, testing 96.60.
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