FX.co ★ EUR/USD

EUR/USD 1H Technical Analysis On the 1-hour timeframe, EUR/USD is currently showing a bullish market structure after recovering from the previous downtrend. I can see that the pair formed a clear accumulation phase, where price spent time consolidating before buyers stepped in aggressively. The recent impulsive bullish candle confirms that buying momentum has returned, but price is now facing short-term rejection after touching the upper resistance area. Overall, the structure still favors buyers while maintaining a higher low pattern. Support and Resistance Zones The chart highlights an important resistance zone near 1.1480, which is acting as the major upside target for buyers. Price recently reacted strongly near this level and pulled back, showing that sellers are defending this area. On the downside, I identify the 1.1400 – 1.1410 region as a strong support zone, where price may retrace before continuation. If buyers defend this area successfully, I expect another upward move toward resistance. Order Block and Fair Value Gap (OB + FVG) I notice a marked Order Block combined with a Fair Value Gap (OB + FVG) around the support area. This zone is technically significant because institutions often use these areas for re-entry. I believe if price revisits this imbalance zone, buyers may step in again and trigger the next bullish continuation. Trendline and Smart Money Concepts The ascending trendline support (TLL) remains intact, showing that the bullish structure has not been broken yet. I also see an SBR (Support Becomes Resistance/Role Reversal) zone, confirming strong technical confluence. In my view, as long as price stays above trendline support, EUR/USD has a strong probability of pushing back toward 1.1480 in the coming sessions.