EUR/USD AI Live Scan, daily chart, Sunday, 12 July 2026
Every read JAFX AI made on the EUR/USD daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:01 UTC
Downtrend, basing near lows · RSI 46 · price 1.14139
Range within broader downtrend.
EUR/USD has been in a downtrend since the mid-April peak at 1.1849, sliding into a late-June low at 1.1324 with price holding below a falling EMU50 throughout. The bounce off that low stalled below the 1.1475/1.1500 barrier, and the pair has spent the last two weeks boxed between 1.1390 and 1.1475 as in-line euro-area inflation cemented a July ECB pause. RSI sits mid-range, reflecting the loss of directional momentum near the lows.
Support: 1.1390, 1.1324, 1.1210
Resistance: 1.1475, 1.1500
What it said to watch
US CPI Tue 14 Jul could materially shift this read
Daily close below 1.1390 pivot resumes the downtrend toward 1.1324 then 1.1210
Daily close above 1.1475/1.1500 cap negates the range-low pressure
21:01 UTC
Downtrend from April high, basing near lows · RSI 44 · price 1.14139
Lower highs since April, consolidating above 1.1390.
EURUSD has traced a chain of lower highs since the 1.1849 April peak, sliding to a 1.1324 swing low in late June before stabilising. The last two weeks have carved a tight base between 1.1390 and 1.1460, with price pinned below both the D1 EMA(20) and EMA(50). In-line EU inflation this week cemented a July ECB pause while a softer USD off three-week lows has kept the pair rangebound under the 1.1475/1.1500 cap.
Support: 1.1390, 1.1324, 1.1210
Resistance: 1.1475, 1.1500
What it said to watch
Daily close above 1.1475 negates the downtrend and opens the 1.1500 psych level
Close below 1.1390 pivot resumes the downtrend, exposing 1.1324 and the 1.1210 downside target