As of today, I’m maintaining a bullish stance on EUR/USD going into mid-2025. Back on May 22, I marked the support zone around 1.10649, and since then price action has respected that zone beautifully, forming higher lows and gaining steady upside momentum.
Looking at current structure across the 11H, 20H, and 16D timeframes, I do not see any strong bearish momentum. If anything, the most recent pullback seems like a natural setup for continuation rather than reversal.
🟡 Key zones to watch:
Support: 1.13636 (20HR Support)
Demand reaction zone: 1.14443 – 1.15407
Resistance/Next target zone: 1.15729 – 1.16311 (Previous swing high)
Upper target potential: 1.16921
We’ve already cleared the minor consolidation and are now holding above the support band. If we get a proper retest of the 1.14948 zone and hold, I expect continuation toward 1.16311, and potentially a breakout above 1.16921 if momentum follows through.
✅ Momentum Outlook: Bullish
📍 Bias: Long
🕰️ Trend: Mid-Term Swing (Higher Time Frame Confluence)
If no macro news disrupts momentum, the technicals point toward a healthy continuation. Let's see if the retest confirms the move. 📊
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.