EUR/USD broke sharply lower into the NY session after the US payroll beat (172K vs ~150K), slicing through the 1.1559 two-month low and the 1.16 handle in one impulsive leg. Price now trades under both EMA(20) and EMA(50) with RSI(14) pinned in oversold territory near 31, and the new week opened with a gap lower to ~1.1510. The prior 1.1559 low has flipped to resistance and has not been retested.
Support: 1.1500, 1.15059
Resistance: 1.15216, 1.1559, 1.1600
What it said to watch
US CPI Tue Jun 10 12:30 UTC could materially extend or reverse this breakdown
ECB decision Thu Jun 11 is the dominant catalyst for the week
H1 close back above 1.1559 invalidates the breakdown read
Failure to hold 1.1500 confirms continuation of the lower-low sequence
22:01 UTC
Downtrend, pressed at lows · RSI 32 · price 1.15117
Lower highs and lower lows after breakdown.
EUR/USD collapsed through the 1.1559 two-month low after Friday's NFP beat (172K) lifted the dollar broadly, sliding from ~1.1644 to 1.1518 in a single session. The new week opened marginally gapped lower near 1.1510 and is holding at the lows, with RSI(14) pressed into oversold and price well below EMA20/EMA50. The old 1.1559 floor now sits overhead as resistance.
Support: 1.1506, 1.1500
Resistance: 1.1522, 1.1559, 1.1600
What it said to watch
Reclaim of 1.1559 would ease the downside breakdown read
Failure to hold the 1.1506 week low confirms continuation lower
US CPI Jun 10 and ECB Jun 11 are dominant catalysts that could reshape this read
EUR/USD broke its multi-day 1.1600–1.1645 range and slid to two-month lows near 1.1518 after Friday's US NFP beat (172K) lifted the dollar broadly. Price trades well below EMA20 and EMA50 with RSI(14) oversold around 29, and the last several bars have stalled in a tight 1.1518–1.1535 band. The 1.1559 round level capped the breakdown and now sits as the first resistance overhead.
Support: 1.1518, 1.1531
Resistance: 1.1559, 1.1586, 1.1632
What it said to watch
Failure to hold 1.1518 confirms a fresh lower-low
H1 close back above 1.1559 eases downside pressure
US CPI Tue Jun 10 and ECB Thu Jun 11 are the dominant catalysts into next bars