15 Jun 2026
📉 EUR/USD Technical Analysis: Bearish Momentum Builds Below 1.1575
EUR/USD continues to trade under pressure after forming a consolidation range around the 1.1575 area on the 4-hour chart. The pair briefly tested support near 1.1550, with sellers maintaining control of the broader trend.
🔻 Bearish Scenario:
A decisive break below the current consolidation zone could accelerate downside momentum, exposing the next key target at 1.1444. The MACD indicator supports this outlook, with its signal line pointing sharply lower despite remaining above the zero line, reflecting persistent bearish pressure.
🔼 Alternative Scenario:
Should buyers reclaim control and push above the consolidation range, EUR/USD may stage a corrective rebound toward 1.1612 before sellers potentially re-enter and drive the pair back toward 1.1500.
On the 1-hour chart, the pair remains trapped below 1.1612 after completing a short-term upward move. The Stochastic oscillator has crossed below the 80 level and is heading toward 20, indicating fading bullish momentum and increasing risk of another decline.
📌 Key Levels to Watch:
• Resistance: 1.1575, 1.1612
• Support: 1.1500, 1.1444
Traders should monitor price action closely, as a breakout from the current range could determine the next directional move for EUR/USD.
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