21:01 UTC
Downtrend, near 13-month lows · RSI 37 · price 1.13839
Lower highs / lower lows since April peak.
EURUSD has been in a steady downtrend since the April peak near 1.1849, trading below a falling EMA(50) for most of the last two months. The slide carried into the 13-month-low zone at 1.1324 last week, where price has since stabilised and is now consolidating just under the 1.1400 pivot. The ECB hawkish hike premium has underpinned the floor while a firm USD into the labour-data week caps recovery attempts.
Support: 1.1324, 1.1290
Resistance: 1.1400, 1.1470
What it said to watch
- A daily close above 1.1400 pivot would challenge the lower-high sequence; clearing 1.1470 cap signals a broader retreat in the downtrend
- Failure to hold the 1.1324 13-mo low confirms continuation toward the 1.1290 floor
- Tue German Retail Sales / French CPI and Wed ADP-ISM, plus Thu NFP, could materially shift this read