Technical analysis 03 September 2025 EUR/USD H-1 
It looks like youve shared a screenshot of a EUR/USD H1 (1-hour) chart from MetaTrader 4. Based on the image, heres an analysis of whats happening:
Price Action The top part of the chart shows the price movement of the EUR/USD currency pair. *
The price was in an uptrend, reaching a high around 1.1740-1.1750 on September 1st. *
Following this high, the price had a sharp, significant drop, breaking below a support level that was around 1.1630-1.1640. * It looks like the price is now consolidating, or trading sideways, just below that previous support level, which may now be acting as new resistance. The current price shown is 1.1633.
Indicators The bottom section of the chart shows two indicators: *
RSI(14): The Relative Strength Index shows the momentum of the price. The blue line is the RSI. Before the big drop, the RSI was in an overbought region (above 70), which often signals that an uptrend might be losing steam. After the drop, the RSI is in an oversold region (below 30), which suggests the downtrend might be exhausted, and a bounce could be coming. *
OsMA(12,26,9): The Moving Average of Oscillator shows the difference between the MACD line and the MACD signal line. The bars on the OsMA plot show the momentum of the trend. The large negative bars correspond to the sharp drop in price, confirming strong downward momentum.
In short, the chart shows that the EUR/USD pair has recently experienced a strong bearish move (a price drop) and is now trading near a key level, with its momentum indicators suggesting the recent move may be overextended.
