Every read JAFX AI made on the EUR/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:01 UTC
Downtrend, momentum slowing after low · RSI 38 · price 1.14709
Lower highs and lower lows, bouncing off swing low.
EUR/USD is in a clean H4 downtrend, sliding from above 1.1600 to a fresh swing low at 1.14175 after the Fed's hawkish hold lifted the dollar to a one-year high. The break below the 1.1500 psych level expanded ATR and confirmed lower-low structure, with price trading below both EMA20 and EMA50. The current bounce off 1.14175 is shallow and capped well under the prior swing near 1.1599.
Support: 1.14175, 1.1427
Resistance: 1.1500, 1.1599
What it said to watch
- H4 close back above 1.15000 psych level would challenge the downtrend read
- Failure to hold the 1.14175 swing low opens continuation toward 1.1411
- Lagarde speeches Mon and eurozone flash PMIs Tue could materially shift this read
21:01 UTC
Downtrend, near-term bounce · RSI 40 · price 1.14709
Lower highs, lower lows since FOMC.
EUR/USD is in a clean H4 downtrend, printing lower highs and lower lows since the Fed's hawkish hold lifted the dollar; price broke the 1.1530 range floor and tagged a 3-month low at 1.1418 before a modest recovery to 1.1471. ATR(14) has expanded through the decline, consistent with trend extension rather than compression. The 1.1411/1.1418 support band is the pivotal floor, with 1.1500-1.1530 now capping any rebound.
Support: 1.1418, 1.1411, 1.1453
Resistance: 1.1500, 1.1530
What it said to watch
- H4 close below 1.1411 confirms a fresh lower-low and extends the downtrend
- Recovery above 1.1500 then 1.1530 would challenge the lower-high structure
- Lagarde speeches Mon and EZ flash PMIs Tue could materially shift this read