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Technical Analysis Posted 2 hours ago

EUR/USD: Rebound Stalls at 1.1621 Resistance Cluster

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EUR/USD has retreated from its rebound, turning intraday bias neutral. Key resistance sits at 1.1621 (38.2% retracement of the 1.2081–1.1323 decline). A decisive break above 1.1621 would confirm the fall from 1.2081 completed as a three-wave correction. Traders should monitor whether the pair sustains above 1.1580 to extend the bounce or rolls over.
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